The parties to a swap are formally called the
A) counterparties.
B) optioners.
C) short and long positions.
D) bond- and billholders.

Name: The parties to a swap are formally called the A) counterparties. B) optioners. C) short and long positions. D) bond- and billholders.
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The parties to a swap are commonly referred to as counterparties. This is because each party is taking on the opposite side of the other party's position in the swap agreement.

The Parties to a Swap Are Formally Called the