What is the definition of Putable swap? | Dictionary.net

PUTABLE SWAP

\pjˈuːtəbə͡l swˈɒp], \pjˈuːtəbə‍l swˈɒp], \p_j_ˈuː_t_ə_b_əl s_w_ˈɒ_p]\

Definitions of PUTABLE SWAP

1910 - Black's Law Dictionary (2nd edition)

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A swap whose structure has fixed rates. This transaction can be cancelled at a future date. Refer to callable and cancellable swap.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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