blue chip swap

English

Alternative forms

  • blue-chip swap

Noun

blue chip swap (plural blue chip swaps)

  1. (finance) A type of international asset trading, common in South America, in which an investor acquires a foreign asset at a cheap local rate and then sells that asset offshore, usually at a higher price.
This article is issued from Wiktionary. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.