swaplet
/ˈswɑplət/
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
12
Scrabble Score
7
Letters
1
Syllables
7
Unique Chars
Meaning
noun
an individual component in a swap
Example Sentences
- "Using historical data beginning in January 1990, each week they construct an arbitage portfolio containing a short position in a forward swaplet (i.e., a single payment swap) and a short Eurodollar futures position and then calculate what would have been the profit and loss (P/L) on the position after one week."
- "[…] each piece of cash flows of a CMS swap (a so-called swaplet) […]"
- "[…] the payout […] is equal to the cash flow in an individual period resulting from paying fixed in a swap (known as a swaplet)."
- "The "swaplets" are the components of the swap and are discussed below."
Etymology
Etymology tree Middle English swappen English swap Proto-Indo-European *-lós Proto-Indo-European *-elós Proto-Italic *-elos Latin -lus Latin -ellus Old French -el Proto-Indo-European *-tós Proto-Italic *-tosder.? Late Latin -ittus Old French -et Old French -eletbor. Middle English -let English -let English swaplet From swap + -let.
Regional Pronunciation
- American English: /ˈswɑplət/
- British English: /ˈswɒplət/