Definition of "swaps" []

• Plural form of swap. (noun)
• Third-person singular simple present indicative form of swap. (verb)

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• "Given what you've studied and the existing over-the-counter market and credit term swaps, do you think users would have to post more margin or collateral under the CMA solution or less than what the status quo is?"
• "Derivatives covered in the new set of rules are known as swaps: private financial contracts between two parties to exchange one asset or liability for another in the future."
• "Credit default swaps is what triggered the subprime meltdown."