Business and Personal Finance Dictionary

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• FLOAT PERIOD - The float period refers to the time between when you accept a loan and when you lock-in ...
  
  
• FLOAT-DOWN - A rate lock, plus an option to reduce the rate if market interest rates decline during the...
  
  
• FLOATATION COST - The underwriter's revenue associated with assisting a firm in issuing and marketing n...
  
  
• FLOATER - Is an instrument whose cash flow varies according to stipulated factors. These instruments ca...
  
  
• FLOATING - By far the most prevalent situation these days and common with points-system properties, say...
  
  
• FLOATING AN ISSUE - When a corporation or public agency offers new stocks or bonds to the public, makin...
  
  
• FLOATING CHARGE - A type of security interest that charges the debtor's property but does not specify p...
  
  
• FLOATING DEBT - Short-term debt that is renewed and refinanced constantly to fund capital needs of a fi...
  
  
• FLOATING EXCHANGE - Rate at which one currency can be exchanged for another as determined by the free b...
  
  
• FLOATING EXCHANGE RATE - A country's decision to allow its currency value to change freely. The currenc...