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.
The maturity, or âtenor,â of a fixed-to-floating interest rate. swap is usually between one and fifteen years. By convenÂ­. tion, a fixed-rate payer is designated as the buyer of the. swap, while the floating-rate payer is the seller of the swap. Swaps vary widely with respect to underlying asset, matuÂ­. rity, style, and contingency provisions.