floating-rate
111variable-rate note — VRN A bond, usually with a fixed maturity, in which the interest coupon is adjusted at regular intervals to reflect the prevailing market rate (usually a margin over the London Inter Bank Offered Rate). A VRN differs from a floating rate note in… …
112variable-rate security — A security in which the interest rate varies with market rates. Floating rate notes, eurobonds, and 90 day certificates of deposit are examples of variable rate securities …
113variable rate — /ˌveəriəb(ə)l reɪt/ noun a rate of interest on a loan which is not fixed, but can change with the current bank interest rates. Also called floating rate …
114Fixed/Floating Bonds — Bonds that pay both fixed and floating rate interest at different periods during their life …
115auction rate preferred stock — ( ARPS) floating rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction. Bloomberg Financial Dictionary …
116floating exchange rate system — Purchase or sale of the currencies of other nations by a central bank for the purpose of influencing foreign exchange rates or maintaining orderly foreign exchange markets. Also called foreign exchange market intervention. Bloomberg Financial… …
117Fixed exchange-rate system — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibil …
118Interest rate derivative — An interest rate derivative is a derivative where the underlying asset is the right to pay or receive a (usually notional) amount of money at a given interest rate.The interest rate derivatives market is the largest derivatives market in the… …
119Exchange 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… …
120Exchange 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… …
