1.[i][t]交换（东西）to give sth to sb and receive sth in exchange
I've finished this magazine. Can I swap with you?这本杂志我看完了，能跟你交换一下吗？
I swapped my red scarf for her blue one.我用我的红围巾换了她的蓝围巾。
Can we swap places ? I can't see the screen.咱俩交换一下座位好不好？我看不见银幕。
We spent the evening in the pub swapping stories(= telling each other stories) about our travels.我们一晚上坐在酒吧里讲述各自的旅途经历。
I swapped him my CD for his posters.我拿我的光盘换了他的海报。
2.[i]~ (over)交换（工作）to start doing sb else's job, etc. while they do yours
I'll drive there and then we'll swap over on the way back.去的时候我开车，回来的时候咱俩再倒换过来。
3.[t]用…替换；把…换成；掉换to replace one person or thing with another
I think I'll swap this sweater for one in another colour.我想把这件毛衣换成其他颜色的。
I'm going to swap you over. Mike will go first and Jon will go second.我打算把你俩掉换一下。迈克先去，乔恩后去。
1.[ususing]交换；掉换an act of exchanging one thing or person for another
Let's do a swap . You work Friday night and I'll do Saturday.咱俩调个班吧。你星期五晚间上，我星期六上。
2.交换物；被掉换者a thing or person that has been exchanged for another
Most of my football stickers are swaps.我的足球贴纸多数都是跟别人换来的。
And in a bid to jump-start flagging Cyprus talks, Turkey is reportedly ready to discuss land swaps without preconditions.
而为了争取迅速启动旗帜性的塞浦路斯会谈，据报道，土耳其准备好在没有前提的情况下讨论土地交换问题。
Information was incomplete on which banks might have issued the swaps and could be vulnerable to losses, creating an extra element of risk.
信息不完整的银行可能已经发布了交换物，也可能更容易受到损失的冲击，因此产生了额外的风险因素。
Bafin, the German regulator, said on March 8 there was no evidence speculators using credit default swaps contributed to Greece's woes.
德国联邦金融监管局（Bafin）在3月8日曾表示，没有证据表明，使用信用违约互换的投机者加剧了希腊的困境。
AIG created a false sense of security via credit default swaps that was as it turned out completely unjustified by reality.
美国国际集团（AIG）通过信用违约互换（CDS）营造了一种虚假的安全感，结果表明，它与事实完全不符。
The goal was to set up a clearinghouse as well as an electronic trading system that would display prices for credit default swaps.
其目的是建立一个清算所同时是一个电子交易系统，可以显示信贷违约互换产品的价格。
Apart from a few heavily traded warrants contracts and some currency swaps, China has no financial derivatives products.
除了少数交投极其活跃的权证合约和部分货币掉期（currencyswaps）交易外，中国没有其它金融衍生产品。
Default on its $441bn exposure to credit default swaps and other derivatives would have been a global financial catastrophe.
该公司在信用违约互换（CDS）和其它衍生品方面4410亿美元的敞口若出现违约，将会引发一场全球金融灾难。
It is hard to see why a retail bank needs to trade any derivatives on its own account other than interest rate swaps.
我很难看出零售银行有什么理由需要以自有账户进行衍生品交易——利率掉期合约除外。
Another irony is by playing loose with the "voluntary" nature of haircut, they may have undermined the credit default swaps market.
还有一个具有讽刺意味的是，放宽“自愿性”减记的措施，可能使他们已经破坏了信用违约的调期市场。
But I cannot understand why we are still allowing the trade in credit default swaps without ownership of the underlying securities.
但我无法理解为何我们仍允许交易者在没有标的证券的情况下，从事信贷违约互换（CDS）交易。
The Deutsche Bank AG trader's early embrace and mastery of credit-default swaps helped catapult him to managing director at the age of 27.
魏因斯坦起初是德意志银行（DeutscheBankAG）的交易员，早年便精于信用违约掉期（credit-defaultswap）操作，27岁荣升董事总经理。
Banks would be able to retain operations for interest-rate swaps, foreign-exchange swaps and gold and silver swaps, among others.
银行将得以保留利率掉期、外汇掉期、金银掉期等部门。
The size and whereabouts of the "agreed swaps" of Israeli land to be taken by Palestine would be determined in the upcoming negotiations.
按照“经认同而交换的边界”，巴勒斯坦可以获得的以色列领土面值多少、位置在哪，将会在以后的谈判中确定。
He also said he would accept land swaps with Israel along the 1967 border.
他还表示将会接受按照1967年划定的节选，同以色列进行土地互换。
Of these, Morgan Stanley has the least cause for worry, since its swaps already sit in a non-bank subsidiary (see chart).
其中，摩根斯坦利最没理由担心，因为它已经将它的掉期交易放在了非银行附属机构（见图表）。
The second step is to understand credit default swaps and to recognise that the CDS market offers a convenient way of shorting bonds.
其次，要了解CDS，认识到CDS市场为做空债券提供了一条便利途径。
Credit default swaps are derivatives that investors use to protect against, or bet on, an entity being unable to repay its debts.
信用违约互换是投资者对冲或押注无法偿还债务企业的金融衍生品。
On Tuesday, after the news of a possible bailout, the cost of insuring Greek debt, as measured by credit-default swaps, plunged.
周二，在有可能对希腊实施救助的消息传出后，防范希腊发生债务违约的信用违约掉期出现了价格骤降。
Credit default swaps are being netted and torn up; banks are trying to unwind swaps and other derivatives.
信用违约互换正在被收回和撕毁；银行正试图分拆互换和其他衍生品。
And the amount of credit swaps is so big that no one wants to test whether those counter parties can all pay in the event of a default.
而且，CDS的数额是如此之大，没人知道一旦出现违约，CDS的交易对手能否如数支付。
以上图片仅供学习交流使用，版权归原作者所有，如有侵权，请与我方联系
