Swops meaning : To exchange or give (something) in an exchange (for something else). To hit, to strike. To beat the air, or ply the wings, with a sweeping motion or noise; to flap. To descend or fall; to rush hastily or violently. An exchange of two comparable things. A financial derivative in which two parties agree to exchange one stream of cashflow against another stream. Space available in a swap file for use as auxiliary memory. A blow; a stroke.