Word Pronunciation & Dictionary

swap line

Word Rarity Rare

Frequency: Zipf frequency 3.93 in modern English

Syllables: swap -line
IPA

13

Scrabble Score

8

Letters

2

Syllables

8

Unique Chars

Meaning

noun

A procedure whereby a central bank (usually the United States Federal Reserve) trades money with a foreign bank in one currency in exchange for an equivalent amount of money in the foreign bank's domestic currency, for the purpose of alleviating a currency shortage.

Example Sentences

"[Donald Trump] could determine which countries have access to swap lines, and on what terms. Swap lines are the lifeblood of the entire global financial system. It's hard to imagine a greater source of leverage for the administration."

Etymology

swap + line (“of credit”)

Inflected Forms

swap lines (plural)

Questions

What does swap line mean?: A procedure whereby a central bank (usually the United States Federal Reserve) trades money with a foreign bank in one currency in exchange for an equivalent amount of money in the foreign bank's domestic currency, for the purpose of alleviating a currency shortage.
Where does swap line come from?: swap + line (“of credit”)

How to pronounce swap line

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