TERMIUM Plus®

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

STEP-DOWN SWAP [1 record]

Record 1 2004-02-06

English

Subject field(s)
  • Investment
  • Stock Exchange
DEF

Operation in which the principal or notional amount is reduced with time in the same way as the principal amount of a credit with periodic repayments.

OBS

amortizing swap: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.

Key term(s)
  • stepdown swap

French

Domaine(s)
  • Investissements et placements
  • Bourse
DEF

Échange dans lequel le principal décroît au cours du temps, de la même façon que le principal d'un crédit aux amortissements périodiques.

OBS

Définition extraite du CAPITAL Business Dictionary et reproduite avec l'autorisation de LID Editorial Empresarial.

Spanish

Campo(s) temático(s)
  • Inversiones
  • Bolsa de valores
DEF

Permuta en la que el principal o nocional se va reduciendo con el tiempo de forma equivalente al principal de un crédito con amortizaciones periódicas.

OBS

permuta decreciente: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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