A swap for which payments on one or both sides are linked to the performance of equities or an equity index. Sometimes used to avoid withholding taxes, obtain leverage, or enjoy the returns from ownership without actually owning equity.
Related information about equity swap:
- Equity swap - Wikipedia, the free encyclopedia
 An equity swap is a financial derivative contract (a swap) where a set of future   cash flows are agreed to be exchanged between two counterparties at set dates   in ...
 
- Equity Swap Definition | Investopedia
 An exchange of cash flows between two parties that allows each party to diversify   its income, while still holding its original assets. The two sets of nominally ...
 
- equity swaps and equity investing - Louisiana State University
 Jul 25, 2003 ... In an equity swap, two parties make a series of payments to each other with at ...   on an equity swap are determined as the rate of return of the ...
 
- Equity Swap - Financial Dictionary - The Free Dictionary
 A swap in which the cash flows exchanged are based on the total return on some   stock market index and an interest rate (either a fixed rate or floating rate).
 
- Equity Swaps
 There is a third alternative: the equity swap. The investment manager at Bulldog   calls up First Derivatives bank and asks for an S&P 500 swap in which the fund ...
 
- Equity Swap - The Bank of New York Mellon - BNY Mellon
 Equity Swap. An Equity Swap is a contractual agreement between two   counterparties to exchange cash flows arising from specific assets over a defined   period.
 
- Equity swap: Definition from Answers.com
 Equity Swap An exchange of cash flows between two parties that allows each   party to diversify its income, while still holding its original.
 
- Equity Swap - Financial Glossary
 In an equity swap two parties agree to exchange future cash flows linked to the   performance of a stock or stock index. One cash flow, or leg, is usually linked to a ...