Swaption

Acceptable For Game Play - UK word list

This word is acceptable for play in the UK dictionary that is being used in the following games:

The American Heritage® Dictionary of the English Language, 4th Edition
  • n. An option giving the buyer the right to enter into a swap agreement by a specified date.
    • Wiktionary, Creative Commons Attribution/Share-Alike License
  • n. An instrument granting the owner an option to enter an interest rate swap.
    • Word Usage
    "A swaption is a type of option that grants its owner the right, but not the obligation, to enter a swap agreement, typically involving interest rates."
    Same Context
    Words that are found in similar contexts
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