Interest rate floor: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson m (Category added 9/10/13) |
||
| Line 1: | Line 1: | ||
An agreement whereby the seller of the floor agrees to compensate the buyer if interest rates fall below an agreed rate on a series of pre-agreed dates. | An agreement whereby the seller of the floor agrees to compensate the buyer if interest rates fall below an agreed rate on a series of pre-agreed dates. | ||
== See also == | == See also == | ||
* [[Floor]] | * [[Floor]] | ||
* [[Interest rate]] | * [[Interest rate]] | ||
[[Category:Manage_risks]] | |||
Revision as of 13:52, 9 October 2013
An agreement whereby the seller of the floor agrees to compensate the buyer if interest rates fall below an agreed rate on a series of pre-agreed dates.
