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Financial Dictionary

Financial Dictionary - definitons of investment, economic and financial terms

Atlantic Financial


Atlantic Financial


Investment Word

Swap (Bonds)

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A Swap is the exchange of one bond for another. Generally, this is to establish a tax-loss for income tax purposes and replacing the bond sold with one of comparable value. There are strict guidelines for a swap to qualify as a tax loss for reporting purposes.

swap - definition

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Swap



 








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