Accreting Swap

一个标的资产价值在互换有效期之内升值的互换协议。这样投资者可以使互换支付和它的现金流匹配。比如说，一个工程公司可以用这种互换管理现阶段的财政，并且通过增加互换量提供更多的现金流来满足未来阶段对资金的需要。

A swap agreement in which the underlying principal increases over the life of the swap. This allows an investor to match swap payments with its cash flow. For example, a construction company can use this type of swap to finance a project in stages and lock in their funding costs by increasing the notional amount for increased cash flows as more funding is needed for the next stage.