Business / Finance / Counterparty: The parties to an interest rate swap.

Counterparty Risk

Business / Finance / Counterparty Risk: Party on the other side of a trade or transaction. MORE

Swap Sale

Business / Finance / Swap Sale: An interest rate swap designed to end a counterparty's role in another interest rate swap, accomplished by counterbalancing the original swap in maturity, reference rate, and notional amount. MORE

H-H Page

Business / Finance / H-H Page: The risk of loss in foreign exchange trading that one party will deliver foreign exchange but the counterparty financial institution will fail to complete its end of the contract. This is also referre MORE


Business / Finance / Swaption: Also called a swap assignment, a transaction that ends one counterparty's role in an interest rate swap by substituting a new counterparty whose credit is acceptable to the other original counterparty MORE

Swap Rate

Business / Finance / Swap Rate: The sale of an interest rate swap by one counterparty to the other, effectively ending the swap. MORE

Sweat Equity

Business / Finance / Sweat Equity: Options on interest rate swaps. The buyer of a swaption has the right to enter into an interest rate swap agreement by some specified date in the future. The swaption agreement will specify whether th MORE