Floating+Rate+Note
101variation margin — During periods of great market volatility or in the case of high risk accounts, additional margin deposited by a clearing member firm to an exchange. Chicago Board of Trade glossary margin, gross margin, net margin, security margin, variation… …
102gross margin — margin, gross margin, net margin, security margin, variation margin (1) An amount of cash or collateral that a buyer or borrower must provide in excess of value owed to that buyer or borrower by a seller, lender or depositor. Ensures performance… …
103net margin — margin, gross margin, net margin, security margin, variation margin (1) An amount of cash or collateral that a buyer or borrower must provide in excess of value owed to that buyer or borrower by a seller, lender or depositor. Ensures performance… …
104security margin — margin, gross margin, net margin, security margin, variation margin (1) An amount of cash or collateral that a buyer or borrower must provide in excess of value owed to that buyer or borrower by a seller, lender or depositor. Ensures performance… …
105Floortion — A type of option that gives the holder the right, but not the obligation, to purchase or sell an interest rate floor at a specific price during a predetermined period of time. A floortion combines the benefits of both an interest rate floor and… …
106Security (finance) — This article is about the negotiable instrument. For the legal right given to a creditor by a borrower, see Security interest. Securities Securities Bond …
107Drop lock — An arrangement whereby the interest rate on a floating rate note or preferred stock becomes fixed if it falls to a specified level. The New York Times Financial Glossary * * * drop lock UK US noun [C] FINANCE ► an arrangement in which a loan with …
108drop lock — The fixing of the interest rate on a floating rate note or preferred stock if it falls to a specified level. Bloomberg Financial Dictionary * * * drop lock UK US noun [C] FINANCE ► an arrangement in which a loan with a changing interest rate will …
109Commercial mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …
110Drop Lock — An arrangement whereby the interest rate on a floating rate note or preferred stock becomes fixed if it falls to a specified level. If a country had a floating exchange rate and a currency that suddenly dropped, the drop lock would fix the… …
