FRN Definition

Bookmark and Share

FRN see FLOATING RATE NOTE.

Learn new Accounting Terms

INVENTORY TURNOVER is a ratio that shows how many times the inventory of a firm is sold and replaced over a specific period.

JUNK BOND is a bond with a speculative credit rating of BB or lower. Such bonds offer investors higher yields than bonds of financially sound companies. Two agencies, Standard & Poors and Moodys Investor Services, provide the rating systems for companies credit. See HIGH YIELD JUNK.

Suggest a Term

Enter Search Term

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