- to exchange, barter, or trade, as one thing for another: He swapped his wrist watch for the radio.
- to substitute (one thing) for another (sometimes followed by in): Swap in red wine for white, since powerful nutrients are in the red grape's skin.
- to replace (one thing) with another (sometimes followed by out): To cut down on fat, swap cream for milk.
- to make an exchange.
- an exchange: He got the radio in a swap.
- to trade or exchange (something or someone) for another
- an exchange
- something that is exchanged
- a contract in which the parties to it exchange liabilities on outstanding debts, often exchanging fixed interest-rate for floating-rate debts (debt swap), either as a means of managing debt or in trading (swap trading)
