floating rate bond

  

Definition

Bond whose interest amount fluctuates in step with the market interest rates, or some other external measure. Price of floating rate bonds remains relatively stable because neither a capital gain nor a capital loss occurs as market interest rates go up or down.

Related Videos




http://www.businessdictionary.com/definition/floating-rate-bond.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z