Super Finance Glossary
Over 10,000 financial glossary terms...
Hint: Not sure how the word is listed? Just enter the first few letters.
Searched for Float
14 - Displaying next results out of 14
Float
Definition: Currency: Exchange rate policy that does not limit the range of the market rate.
Definition: Currency: Exchange rate policy that does not limit the range of the market rate.
Floater
Definition: A bond whose interest rate varies with the interest rate of another debt instrument, e.g., a bond that has the interest rate of the Treasury bill +.25%.
Definition: A bond whose interest rate varies with the interest rate of another debt instrument, e.g., a bond that has the interest rate of the Treasury bill +.25%.
Floating
Definition: Term used to denote one side of an interest rate swap - the payments made on this side will vary over the life of the swap depending on some pre-defined market index such as Libor.
Definition: Term used to denote one side of an interest rate swap - the payments made on this side will vary over the life of the swap depending on some pre-defined market index such as Libor.
Floating Debt
Definition: Short-term debt that is renewed and refinanced constantly to fund capital needs of a firm or institution.
Definition: Short-term debt that is renewed and refinanced constantly to fund capital needs of a firm or institution.
Floating Exchange Rate
Definition: A country's decision to allow its currency value to change freely. The currency is not constrained by central bank intervention and does not have to maintain its relationship with another currency in a narrow band. The currency value is determined by trading in the foreign exchange market.
Definition: A country's decision to allow its currency value to change freely. The currency is not constrained by central bank intervention and does not have to maintain its relationship with another currency in a narrow band. The currency value is determined by trading in the foreign exchange market.
Floating Exchange Rate System
Definition: Purchase or sale of the currencies of other nations by a central bank for the purpose of influencing foreign exchange rates or maintaining orderly foreign exchange markets. Also called foreign-exchange market intervention.
Definition: Purchase or sale of the currencies of other nations by a central bank for the purpose of influencing foreign exchange rates or maintaining orderly foreign exchange markets. Also called foreign-exchange market intervention.
Floating Lien
Definition: General attachment against a company's assets or against a particular class of assets.
Definition: General attachment against a company's assets or against a particular class of assets.
Floating Rate
Definition: Interest rate that is reset periodically, usually every couple of months or sometimes daily.
Definition: Interest rate that is reset periodically, usually every couple of months or sometimes daily.
Floating Securities
Definition: Securities bought in a broker's name and resold quickly to attain a profit in a short amount of time.
Definition: Securities bought in a broker's name and resold quickly to attain a profit in a short amount of time.
Floating Supply
Definition: The aggregate of securities believed to be available for immediate purchase, that is, in the hands of dealers and investors wanting to sell.
Definition: The aggregate of securities believed to be available for immediate purchase, that is, in the hands of dealers and investors wanting to sell.
Floating-rate Contract
Definition: An guaranteed investment instrument whose interest payment is tied to some variable (floating) interest rate benchmark, such as a specific-maturity Treasury yield.
Definition: An guaranteed investment instrument whose interest payment is tied to some variable (floating) interest rate benchmark, such as a specific-maturity Treasury yield.
Floating-rate Note (FRN)
Definition: Note whose interest payment varies with short-term interest rates.
Definition: Note whose interest payment varies with short-term interest rates.
Floating-rate Payer
Definition: In an interest rate swap, the counterparty who pays a rate based on a reference rate, usually in exchange for a fixed-rate payment.
Definition: In an interest rate swap, the counterparty who pays a rate based on a reference rate, usually in exchange for a fixed-rate payment.
Floating-rate Preferred
Definition: Preferred stock paying dividends that vary with short-term interest rates.
Definition: Preferred stock paying dividends that vary with short-term interest rates.
