This time we are looking on the crossword clue for: Give and take.
it’s A 13 letters crossword puzzle definition. See the possibilities below.
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Possible Answers: TRADE, SWAP, BANDY.
Last seen on: –L.A. Times Daily Crossword – Aug 21 2022
–LA Times Crossword 23 Sep 21, Thursday
–Premier Sunday – King Feature Syndicate Crossword – Jan 17 2021
–The Washington Post Crossword – Dec 8 2020
–LA Times Crossword 8 Dec 20, Tuesday
Random information on the term “SWAP”:
A swap is a derivative in which two counterparties exchange cash flows of one party’s financial instrument for those of the other party’s financial instrument. The benefits in question depend on the type of financial instruments involved. For example, in the case of a swap involving two bonds, the benefits in question can be the periodic interest (coupon) payments associated with such bonds. Specifically, two counterparties agree to exchange one stream of cash flows against another stream. These streams are called the legs of the swap. The swap agreement defines the dates when the cash flows are to be paid and the way they are accrued and calculated. Usually at the time when the contract is initiated, at least one of these series of cash flows is determined by an uncertain variable such as a floating interest rate, foreign exchange rate, equity price, or commodity price.
The cash flows are calculated over a notional principal amount. Contrary to a future, a forward or an option, the notional amount is usually not exchanged between counterparties. Consequently, swaps can be in cash or collateral.