View Full Document. 2. The enzyme that is responsible for breaking the hydrogen bonds between the two strands of DNA is _________________________. 3. Griffithâs experiment showed that live bacteria without capsules acquired the ability to make capsules from dead bacteria with capsules in a process Griffith called ____________________.
Freebase(0.00 / 0 votes)Rate this definition: Swap. In finance, a swap is a derivative in which counterparties exchange cash flows of one party's financial instrument for those of the other party's financial instrument. The benefits in question depend on the type of financial instruments involved.
An agreement between two parties (known as counterparties) where one stream of future interest payments is exchanged for another based on a specified principal amount.Interest rate swaps often exchange a fixed payment for a floating payment that is linked to an interest rate (most often the LIBOR).nterest rate swaps are simply the exchange of one set of cash flows (based on interest rate specifications) for another. Because they trade OTC, they are really just contracts set up between two or more parties, and thus can be customized in any number of ways.