Advertising

Debt swap

• A set of transactions (also called a debt-equity swap) in which a firm buys a country's dollar bank debt at a discount and swaps this debt with the central bank for local currency that it can use to acquire local equity.

 
 

Follow this link for all the terms related to debtswap.

 
 Embedded terms in definition
 Currency
Debt
Discount
Equity swap
Equity
Firm
Local
 
 Related Terms
 

<< Debt service parity approach Debt to capital ratio >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

To handle yourself, use your head; to handle others, use your heart. Donald Laird

Advertising



Copyright 2009-2019 GVC. All rights reserved.