floating-rate note debt instrument with a variable interest rate. Interest adjustments are made periodically, often every six months, and are tied to a money market index such as Treasury bill rates.
floating-rate note - Related Articles Going forward, simplicity is also going to be key. Historically, floating-rate instruments, asset-backed securities, medium-term notes and repos may have seemed ideally suited to a money market portfolio.
FLOATING-RATE NOTE (FRN) - A medium-term instrument with a coupon rate that floats up or down based upo... FLOATING-RATE PAYER - In an interest rate swap, the counterparty who pays a rate based on a reference r...
Floating-rate note (FRN) note whose interest payment varies with short-term interest rates. Inverse floating rate note ...
Floating-Rate Note/Interest: A note that pays an interest rate tied to current money market rates. The holder may have the right to demand redemption at par on specified dates.
Inverse floating-rate note A variable-rate security whose coupon rate increases as a benchmark interest rate declines.
Floating-Rate Note (business term) Naic: Model Policy Loan Interest Rate Bill National Association of Insurance Commissioners (insurance term) Float ...
Floating-rate note whose interest rate is reset at more frequent intervals than the rollover period (e.g., a note whose payments are set quarterly on the basis of the one-year interest rate). Miss the price/market ...
A floating-rate note whose interest rate declines after a specified period of time. Step up To increase, as in step up the tax basis of an asset. Step-up bond ...
Step-down note A floating-rate note whose interest rate declines after a specified period of time. Step up To increase, as in step up the tax basis of an asset.
CapAn upper limit on the interest rate on a floating-rate note (FRN) or an adjustable-rate mortgage (ARM).
FRN See: Floating-rate note FSC See: Foreign Sales Corporation FX Rate See:Foreign exchange rate Face-amount certificate A debt security issued by face amount.
Drop Lock definition : The fixing of the interest rate on a floating-rate note or preferred stock if it falls to a specified level. TSCTrade.com Your personal broking service FTSE 350 and Smallcap Share Service ...
The fixing of the interest rate on a floating-rate note or preferred stock if it falls to a specified level. [ Previous Page ] Personal Finance Glossary ...
floating-rate bonds, more often called floating-rate notes, inflation-adjusted bonds, securitized debt, and ...
Cap Federal Home Loan Bank System (FHLB) Fixed Interest Rate Floating-Rate Note - FRN ...
Collar An upper and lower limit on the interest rate on a floating-rate note. Collateral Assets that are used as security for a loan.
Bankers Acceptances Corporate and asset-backed commercial paper Medium term and floating-rate notes (typically less than 3 years) REPO rate agreements (U.S.) certificates of deposit Auction rate securities ...
See also: Banks, Expense, Settlement Date, Depository institution, Intervention
 
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