noun🔗ShareスワップションAn instrument granting the owner an option to enter an interest rate swap."The company bought a swaption to protect itself against rising interest rates on its loan, giving it the right, but not the obligation, to enter into an interest rate swap at a later date. "同社は、融資に対する金利上昇から身を守るためにスワップションを購入し、後日金利スワップに参入する権利（義務ではない）を得ました。businessfinanceChat with AIVocabulary GamePractice Reading
noun🔗ShareスワップションMore generally, an option on any type of swap."My uncle purchased a swaption on his mortgage payments, giving him the option to switch to a different interest rate in the future. "私のおじは住宅ローンの支払いにスワップションを購入し、将来的に異なる金利に切り替えるオプションを得ました。businessfinanceChat with AIVocabulary GamePractice Reading
