Translation of "swap" - English-Traditional Chinese dictionary

swap

verb [ I or T ] [ T ] (LOAN PAYMENTS) (-pp-) (UK also swop (-pp-)) /swɒp/ US  /swɑːp/

to exchange payments on a loan in one currency (= money of a particular country)for those in another:

The county will swap its variable-rate interest payments for the certainty of a fixed rate payment.

(Translation of “swap verb (LOAN PAYMENTS)” from the Cambridge English-Chinese (Traditional) Dictionary © Cambridge University Press)