■ noun Finance an option giving the right but not the obligation to engage in a swap.
Origin
1980s: blend of swap and option .
SWAPTION
Meaning of SWAPTION in English
Concise Oxford English vocab. Сжатый оксфордский словарь английского языка. 2004
■ noun Finance an option giving the right but not the obligation to engage in a swap.
Origin
1980s: blend of swap and option .
Concise Oxford English vocab. Сжатый оксфордский словарь английского языка. 2004