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Meaning of swap | Babel Free

Noun CEFR C2 Specialized
/ˈswap/

Definisi

  1. an exchange of two comparable things.
  2. a financial derivative in which two parties agree to exchange one stream of non-normal cashflow against another stream.

Level CEFR

C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.

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