noun🔗Share利率互换期权 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. "为了保护自己免受贷款利率上涨的影响，该公司购买了一份利率互换期权 (lǜ lì hù huàn qī quán)，这份期权赋予了该公司在未来某个时间点进入利率互换的权利，但并非义务。businessfinanceChat with AIVocabulary GamePractice Reading
noun🔗Share互换期权，利率互换期权。 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. "我叔叔买了一个利率互换期权，这样他将来可以选择转换到不同的利率，用于偿还他的房贷。businessfinanceChat with AIVocabulary GamePractice Reading
