FLOOR Definition

Bookmark and Share

FLOOR a series of European interest rate put options used to protect against rate moves below a set strike level.

Learn new Accounting Terms

TANGIBLE BOOK VALUE is different than book value in that it deducts from asset value intangible assets, which are assets that are not hard (e.g., goodwill, patents, capitalized start-up expenses and deferred financing costs).

COMMISSION is remuneration proportional to sales volume; stated as a percentage or monetary amount.

Suggest a Term

Enter Search Term

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