floating-rate loan
floating-rate loan
Finance dictionary of financial terms
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Economics and finance
Definition of floating-rate loan
floating-rate loan: A loan with a rate of interest initially set at a state premium above the prime rate and allowed to “float,” or vary, as the prime rate varies until maturity.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of floating-rate loan
Meaning of floating-rate loan
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