TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

DEBT SWAP [2 records]

Record 1 2010-06-21

English

Subject field(s)
  • Investment
DEF

A swap involving the exchange of a new obligation for an existing obligation held by investors.

OBS

A technique used [in 1991] in the U.S. in conjunction with original-issue discount bonds as a means of realizing a capital gain on the retirement of a relatively low-coupon existing issue, and at the same time, achieving an interest cost saving due to special tax treatment of an original-issue discount bond issued as part of such a swap.

OBS

debt swap: term published in the Journal officiel by the Commission générale de terminologie et de néologie of the Government of France.

French

Domaine(s)
  • Investissements et placements
DEF

Échange, entre deux banques ou organismes financiers, de créances privées ou publiques, essentiellement sur des pays différents pour rééquilibrer géographiquement leurs portefeuilles de créances.

OBS

échange de créances : terme publié au Journal officiel par la Commission générale de terminologie et de néologie du gouvernement de la France.

Spanish

Campo(s) temático(s)
  • Inversiones
Save record 1

Record 2 1996-06-02

English

Subject field(s)
  • International Relations
  • Finance
Key term(s)
  • debt swap

French

Domaine(s)
  • Relations internationales
  • Finances

Spanish

Save record 2

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