- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A bond whose interest rate varies with the interest rate of another debt instrument, e.g., a bond that has the interest rate of the Treasury bill +.25%.
Industry:Financial services
Short-term debt that is renewed and refinanced constantly to fund capital needs of a firm or institution.
Industry:Financial services
A country's decision to allow its currency value to change freely. The currency is not constrained by central bank intervention and does not have to maintain its relationship with another currency in a narrow band. The currency value is determined by trading in the foreign exchange market.
Industry:Financial services
Purchase or sale of the currencies of other nations by a central bank for the purpose of influencing foreign exchange rates or maintaining orderly foreign exchange markets. Also called foreign-exchange market intervention.
Industry:Financial services
General attachment against a company's assets or against a particular class of assets.
Industry:Financial services
An guaranteed investment instrument whose interest payment is tied to some variable (floating) interest rate benchmark, such as a specific-maturity Treasury yield.
Industry:Financial services
Note whose interest payment varies with short-term interest rates.
Industry:Financial services
In an interest rate swap, the counterparty who pays a rate based on a reference rate, usually in exchange for a fixed-rate payment.
Industry:Financial services
Preferred stock paying dividends that vary with short-term interest rates.
Industry:Financial services
Securities bought in a broker's name and resold quickly to attain a profit in a short amount of time.
Industry:Financial services
