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debt swap
(redirected from debt-for-nature swaps)

   Also found in: Financial 0.02 sec.
debt swap
n
(Economics, Accounting & Finance / Banking & Finance) See swap [4]


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Debt conversion, debt-for real-estate swaps, debt-for-development swaps, debt-for-nature swaps, and debt prepayment: the creditor exchanges the debt claim for something of economic value on the same debtor.
has arranged more than a dozen debt-for-nature swaps worth upwards of $170 million for conservation's sake, not only in Costa Rica and Guatemala, but also Bangladesh, Belize, Botswana, Colombia, El Salvador, Jamaica, Panama, Paraguay, the Philippines and Peru.
 
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