A set of conditions that, if and when met, will trigger liquidation of the underlying asset of a swap and...

A swap in which the payer of a given leg agrees to assign the other leg to a third party....

A method for settling a swap unwind, whereby the party with the profit receives from the party with a loss...

An offsetting or opposing swap which is designed to close out the market exposure of an existing swap position. For...

The termination of a swap or other OTC derivative prior to its maturity date. The cancelling counterparty pays the other counterparty a lump sum amount...