swap line

English

swap + line (of credit)

swap line (plural swap lines)

(banking) 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 alleviating a currency shortage.

单词	swap line
释义	swap line English Etymology swap + line (of credit) Noun swap line (plural swap lines) (banking) 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 alleviating a currency shortage. Anagrams pinwales
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