Usually means: Option to sell interest rate swap.
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We found 6 dictionaries that define the word put swaption:

General (1 matching dictionary)
  1. put swaption: Dictionary.com

Business (5 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. Put swaption: bizterms.net
  4. Put Swaption: Financial dictionary
  5. Put swaption: WashingtonPost.com: Business

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