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Meaning of swaplet | Babel Free

Noun CEFR B1
ˈswɒplət

Definitions

an individual component in a swap

Examples

“[…] each piece of cash flows of a CMS swap (a so-called swaplet) […]”
“[…] the payout […] is equal to the cash flow in an individual period resulting from paying fixed in a swap (known as a swaplet).”
“The "swaplets" are the components of the swap and are discussed below.”

CEFR level

B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.
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See also

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