floating rate (of exchange)
1Floating rate note — Floating rate notes (FRNs) are bonds that have a variable coupon, equal to a money market reference rate, like LIBOR or federal funds rate, plus a spread. The spread is a rate that remains constant. Almost all FRNs have quarterly coupons, i.e.… …
2floating rate — interest rate that is reset periodically, usually every couple of months or sometimes daily. Bloomberg Financial Dictionary A rate of interest which varies over time, depending on market rates of interest. Dresdner Kleinwort Wasserstein financial …
3Floating rate — A rate of exchange that is completely determined by market forces with no floor or ceiling. Rate may be tied to other rates that have volatility (Fed Funds, Prime, etc.) …
4Floating-rate payer — In an interest rate swap, the counterparty who pays a rate based on a reference rate, usually in exchange for a fixed rate payment …
5floating-rate payer — In an interest rate swap, the counterparty who pays a rate based on a reference rate, usually in exchange for a fixed rate payment. Bloomberg Financial Dictionary …
6floating rate — / fləυtɪŋ reɪt/ noun 1. same as variable rate 2. an exchange rate for a currency which can vary according to market demand, and is not fixed by the government …
7Floating exchange rate — Floating rate may also refer to a floating interest rate applied to a loan or other lending product. A floating exchange rate or a flexible exchange rate is a type of exchange rate regime wherein a currency s value is allowed to fluctuate… …
8Exchange rate — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… …
9Exchange rate — The price of one country s currency expressed in another country s currency. The New York Times Financial Glossary * * * exchange rate exˈchange rate noun [countable] FINANCE the price at which one currency can be bought with another: • If the… …
10exchange rate — The price of one country s currency expressed in another country s currency. Bloomberg Financial Dictionary * * * exchange rate exˈchange rate noun [countable] FINANCE the price at which one currency can be bought with another: • If the yen… …
