1) Financial market 
Swap rate is the fixed rate that receiver demands in exchange for the uncertainty of having to pay the short-term LIBOR (floating) rate over time. At any given time, the market’s forecast of what LIBOR will be in the future is reflected in the forward LIBOR curve. At the time of the swap agreement, the total value of the swap’s fixed rate flow...
The difference between the spot and forward exchange rates. Thus the price of a swap.
The difference between spot and forward rates expressed in points, e.g., $0.0001 per pound sterling.
The difference between spot and forward rates expressed in points, e.g., $0.0001 per pound sterling. 
The sale of an interest rate swap by one counterparty to the other, effectively ending the swap.