FLOATING-RATE NOTE Definition

Bookmark and Share

FLOATING-RATE NOTE is an instrument with a fluctuating interest rate as prescribed at the time of issue.

 

Learn new Accounting Terms

BASE AMOUNT is the fundamental numerical assumption from which something is begun or developed or calculated or explained, e.g. base pay.

TIME VALUE OF MONEY is the idea that a dollar today is worth more than a dollar in the future, because the dollar received today can earn interest up until the time the future dollar is received.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.