1. A predetermined exchange of assets, services, or positions between two or more parties, arranged in advance according to specific terms and conditions.
The company executed a planned swap of office locations with another firm to optimize their operations.
A empresa executou uma troca planejada de locais de escritório com outra empresa para otimizar suas operações.
2. In finance, a derivative contract where two parties agree to exchange cash flows or financial instruments at predetermined future dates.
The banks entered into a planned swap agreement to hedge their interest rate exposure.
Os bancos celebraram um contrato de troca planejada para proteger sua exposição à taxa de juros.