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Glossary   >   A   >   "Asset for asset swap" Definition            Asset for asset swap Creditors exchange the debt of one defaulting borrower for the debt of another defaulting borrower. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Asset for asset swap - Creditors exchange the debt of one defaulting borrower for the debt of another defaulting borrower.