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Home > Terms > English, UK (UE) > Floating rate
Floating rate
A bond with an interest rate that is adjusted to the interest rate of other financial instruments. (Libor or CMT)
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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