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swap contract
swap con·tract (plural swap con·tracts)


noun 
Definition:
 
agreement to reciprocal exchange: a contract that involves a reciprocal exchange of some kind, especially one in which the contracting parties agree to exchange cash flows
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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