Reference Entry

floating-rate loan

Edited by Jonathan Law and John Smullen

in A Dictionary of Finance and Banking

Fourth edition

Published in print January 2008 | ISBN: 9780199229741
Published online January 2008 | e-ISBN: 9780191726668
floating-rate loan

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A loan that does not have a fixed interest rate throughout its life. Floating-rate loans can take various forms but

Reference Entry.  43 words. 

Subjects: Financial Institutions and Services

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