drop-lock floating rate note
1Drop lock — An arrangement whereby the interest rate on a floating rate note or preferred stock becomes fixed if it falls to a specified level. The New York Times Financial Glossary * * * drop lock UK US noun [C] FINANCE ► an arrangement in which a loan with …
2drop lock — The fixing of the interest rate on a floating rate note or preferred stock if it falls to a specified level. Bloomberg Financial Dictionary * * * drop lock UK US noun [C] FINANCE ► an arrangement in which a loan with a changing interest rate will …
3Drop Lock — An arrangement whereby the interest rate on a floating rate note or preferred stock becomes fixed if it falls to a specified level. If a country had a floating exchange rate and a currency that suddenly dropped, the drop lock would fix the… …
4Lock (water transport) — Canal lock and lock keeper s cottage on the Aylesbury Arm of the Grand Union Canal at Marsworth in Hertfordshire, England …
5Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …
6Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …
7literature — /lit euhr euh cheuhr, choor , li treuh /, n. 1. writings in which expression and form, in connection with ideas of permanent and universal interest, are characteristic or essential features, as poetry, novels, history, biography, and essays. 2.… …
8United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …
9MythBusters (2008 season) — Country of origin Australia United States No. of episodes 20 (includes 8 specials) Broadcast Original channel Discovery Channel …
10Bicycle brake — Animation of a single pivot side pull calliper brake for the rear wheel of a steel framed road bike. A bicycle brake is used to slow down or stop a bicycle. There have been various types of brake used throughout history, and several are still in… …
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