Inväxlade

Inväxlade is the past tense form of the Swedish verb inväxla, meaning to exchange or convert something into another asset, value or form, typically within an agreement, a market transaction, or a formal procedure. The term is common in financial and legal language, but can also appear in everyday use when a document, voucher or instrument is exchanged for another value. The noun inväxling describes the act itself.

In financial contexts inväxling refers to converting or exchanging instruments. Examples include converting a convertible loan or bond into equity, exchanging certificates or warrants for cash or for other securities, and turning subscription rights into shares in connection with a new issue. The exact method and value of the exchange are usually defined in the instrument’s terms or in a contract. In accounting and regulatory settings, inväxling is often described with reference to the specific instrument and the conditions under which the exchange occurs.

The term is distinct from inlösen, which commonly denotes redemption for cash, and from växla, which covers more general currency exchange. While inväxling emphasizes the act of exchanging one form of value for another within an agreed framework, växla is a broader term for general swapping or trading of currencies or assets.