But the billing service was taking a risk, so it bought a swap from Enron.
Each time a financial institution issued a swap, it charged the customer a commission.
This means that it has the price characteristics of a swap, without the two-way credit complexity.
Among big companies with big patent portfolios, these things are usually settled out in a swap.
The signing essentially turns out to be a swap between the Panthers and Giants for potential No. 3 receivers.
Bank of Cyprus will be recapitalized through the imposition of a swap of uninsured deposits for equity in the bank.
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Buck came from the Blue Jays to New York in the trade for Dickey, a swap that included four catchers.
Nor would one occur if European banks succumbed to some arm-twisting by their own governments to agree to a swap.
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Additionally, if one party decides it is time to exit a swap agreement, they have several options for a successful exit.
Toseland reiterated his concerns to Poncharal, who suggested if Reinders was willing to discuss it with Edwards, a swap was a possibility.
And Real have issued a statement denying any interest in a swap deal involving their former Liverpool striker Michael Owen and Reyes.
Palestinian negotiators envisage a swap of no more than 2% or so.
They have a few weeks of negotiations to come up with a fully-fledged deal and a swap of Greek bonds early in the new year.
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In the meantime, it remains difficult for investors to survey a fund's exposure to both the market risk and the counterparty risk in a swap.
Chris Brown, Detroit's chief operating officer, says the city isn't anticipating a downgrade by any rating firm, making any talk of a swap payment premature.
Since any gains over the course of a swap agreement are considered unrealized until the next settlement date, timely payment from the counterparty determines profit.
For example, an investor or bank may have bought a swap as insurance against an AIG default, with Lehman on the other side of the deal.
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In 1997, the budget deal struck by Clinton and the Republicans was not so much a meeting in the middle as a swap of major priorities.
The SEC and CFTC have each proposed rules for a new type of trading venue known as a swap-execution facility that is designed to increase market transparency.
Cheltenham are understood to be hoping to set up a swap deal with Southend for Robins striker Steven Gillespie - and Hooper is now considering his options.
In the U.S., Dodd Frank placed a deadline on identifying the parties to a swap, so the CFTC had to move quickly, in relative terms, at least.
With a swap of appreciated stock for annuity payments from a tax-exempt institution you still have the capital gain to report, but it gets stretched out over many years.
Faroe said a swap deal, which saw a 30% share in the Maria discovery exchanged with Norwegian company Petoro for shares in other fields already in production, helped boost profits.
Either way--with a swap or a margined bond trade--you pocket the spread, unless and until the corporate bond gets into trouble, at which point you're sitting on a painful capital loss.
The primary upgrade outside of the OS is a swap-out of that frankly mediocre Super AMOLED screen of the original RAZR smartphone for a much nicer ColorBoost LCD -- sorry, ColourBoost.
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Citigroup and Legg Mason are said to be discussing a swap of the latter's broking operation for most of the former's asset-management business, because having the two compromises brokers' duty to their clients.
Hughes, whose club gave up in their high-profile attempt to sign Barcelona striker Samuel Eto'o - now likely to join Inter Milan in a swap deal with Zlatan Ibrahimovic - has a glut of forwards in his bloated, 57-strong squad.
Another, proposed by former software executive Shai Agassi, entails electric filling stations at which car owners would make a quick swap of a depleted battery for a charged battery.
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