Full Newsletter   Newsletter Archives




 Glossary:  ABCDEFGHIJKLMNOPQRSTUVWXYZ
 

Any interest rate that changes on a periodic basis. The change is usually tied to movement of an outside indicator, such as the prime interest rate. Movement above or below certain levels is often prevented by a predetermined floor and ceiling for a given rate.

This Glossary is provided by www.InvestorWords.com
Copyright©1997-2008 by WebFinance Inc. All Rights Reserved.