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Exit Planning Tools
- Day Zero Guide
- Aha Planner
Community
- The Grid

A California based company on a mission to grow the wealth of everyday Americans. Zolidar is the easy button for employee ownership.

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👋 Meet Zolid AI

Here to support your company's exit journey — Zolid AI can answer questions and provide insights. Free for now, with fair usage limits.

Your conversations are not shared with others. We may review them to improve Zolid AI.

Ask me anything

Zolid AI may provide inaccurate info, so verify responses.

Definition of Interest Rate Swap on The Grid Glossary

Interest Rate Swap

Published on 2024-07-22 | Last edited on 2024-07-27

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Definition

An interest rate swap is a financial contract where one party exchanges future interest payments with another based on a specified principal amount. These involve switching between fixed and floating interest rates to hedge against rate fluctuations or secure favorable terms.

Interest Rate Swap

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