WORD OF THE DAY: OVERCAPITALIZATION - this situation occurs when a company cannot service its debt even though its debt/equity ratio is not excessive. ... More
1. ) may mean one of the following: (1) The sale of one or more securities in order to purchase one or more different securities with the proceeds from the sale. Bondswaps are usually done to take advantage of changes in market conditions or more favorable investment characteristics. For example, swaps are often done to lengthen or shorten maturities when investors change their outlook for future rates.