Asset For Asset Swap

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Definition: Asset For Asset Swap

Asset For Asset Swap
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Full Definition of Asset For Asset Swap

A situation whereby creditors will exchange the debt from one borrower who is defaulting for the debt of another borrower who is defaulting. Usually in this case, debt will be exchanged for new debt that reduces the amount that is owed, but will increase the interest that will be paid. Debt could also be swapped for additional equity.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/asset-for-asset-swap/
Modern Language Association (MLA):
Asset For Asset Swap. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 24, 2024 https://payrollheaven.com/define/asset-for-asset-swap/.
Chicago Manual of Style (CMS):
Asset For Asset Swap. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/asset-for-asset-swap/ (accessed: April 24, 2024).
American Psychological Association (APA):
Asset For Asset Swap. PayrollHeaven.com. Retrieved April 24, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/asset-for-asset-swap/

Definition Sources

Definitions for Asset For Asset Swap are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.