I know a sculptor who swaps her pieces for drawings by a well-known artist.
我知道有个雕塑家用她自己的作品去换一位著名画家的画作。
In 2003, the head of SK Group, a conglomerate, was convicted of illegal share swaps designed to keep the group in family control.
2003年，SK集团的首脑为了维持其家族对集团的控制，非法进行股权交换，并因此获罪。
Morgan Stanley is now offering swaps.
摩根·斯坦利现在开始提供掉期交易。
These are the infamous naked credit-default swaps.
这就是负有臭名的无担保信用违约互换。
It was a short step from currency swaps to interest-rate swaps.
从货币掉期到利息掉期仅需一小步。
This is not putting credit default swaps ‘into perspective.’
这并不是所谓‘正确地'看待信用违约交换的事情。
Moreover, payouts on the swaps are triggered in different ways.
此外两种掉期的偿付有着不同的触发方式。
The CME has already made modest headway in interest-rate swaps.
The CME在利率交换方面已经取得一些进展了。
In most other cases such swaps would also imply public ownership.
在其它大多数这样的例子中，这种交换意味着国有化。
But less than a decade ago, the credit-swaps market barely existed.
但是在不到十年以前，债务互换市场还未存在。
Certainly the swaps should not be mistaken for full yuan convertibility.
当然，不应该把货币互换与人民币完全自由兑换混为一谈。
He USES derivatives like swaps and options to create his fixed plans.
他用衍生产品，例如互换交易或期权以建立他的固定价格计划。
Collateralised debt obligations and credit default swaps don't sell papers.
抵押债券和信用违约互换并不卖座。
The White House, though queasy about a swaps ban, has not publicly opposed it.
白宫，虽然不愿实施掉期交易禁令，但没有公开反对它。
Since the market collapsed, far fewer credit-default swaps have been issued.
自从市场崩溃，信用违约掉期的发行少了很多。
She probably thinks that “speculators” are manipulating the prices of these swaps.
她应该是认为，“投机商”在操纵这些信用违约互换的价格。
Buyers and sellers of swaps will probably be required to disclose more information.
掉期交易买卖双方很可能被要求披露更多信息。
These swaps are used to speculate on the likelihood of a borrower repaying its debt.
这些互换是用来对借款人偿还贷款的可能性作投机用的。
There is, in theory, no limit on the amount of default swaps that can be created.
从理论上讲，人们可以随心所欲地创造任何数量的违约互换。
With one, Berkshire significantly increased its exposure to credit-default swaps.
在其中一起交易中，伯克希尔显著提高了在信用违约掉期领域的敞口。
The pair had been negotiating the details of land swaps based on one-for-one exchanges.
两人谈论过建立在平等交换条件下的土地互换细节。
Dividend swaps allow investors to separate the income from the capital return of equities.
股息掉期使得投资者能够将收益从股票资金回流中分离出来。
Further swaps are planned. Negotiations are also under way with zoos in Moscow and Quito.
更多的交换正在计划中，与莫斯科和基多的动物园的谈判也正在进行中。
Banks that own corporate bonds may use the swaps market to hedge against a company defaulting.
持有公司债券的银行在互换市场中对冲企业违约的风险。
Ratings agencies are expected to declare Greece in selective default once the bond swaps occur.
评级机构被期望宣布，希腊一旦债券掉期发生，就选择沉默。
Banks have not been required to do that for their key derivatives contract, credit default swaps.
却没人要求银行为他们的衍生品合同与信用违约互换协议这样做。
Why don't I just keep track on each pass through the algorithm whether I have done any swaps?
我为什么不仅仅跟踪算法的,每一遍来看看我做了哪些交换呢？
About 2% of the treated plants survived herbicide treatment, showing that gene swaps had occurred.
除草剂处理后大约2%的植物生存下来。说明已经发生了基因互换。
About 2% of the treated plants survived herbicide treatment, showing that gene swaps had occurred.
除草剂处理后大约2%的植物生存下来。说明已经发生了基因互换。
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