floating rate Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “floating rate” in the English Dictionary

"floating rate" in Business English

See all translations

floating ratenoun [C]

uk   us   (also adjustable rate, also variable rate)
FINANCE an interest rate that can change over a period of time: Some investors prefer floating rate bonds over the fixed rates, as interest rates are not predicted to change in the near future. a floating rate loan/mortgage/liability
ECONOMICS →  floating exchange rate
(Definition of floating rate from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of floating rate?
Add Cambridge dictionaries to your browser to your website

“floating rate” in Business English

Avoiding common errors with the word enough.
Avoiding common errors with the word enough.
by ,
May 25, 2016
by Liz Walter Enough is a very common word, but it is easy to make mistakes with it. You need to be careful about its position in a sentence, and the prepositions or verb patterns that come after it. I’ll start with the position of enough in the sentence. When we use it with a noun,

Read More 

Word of the Day

shade

to prevent direct light from shining on something

Word of the Day

convo noun
convo noun
May 23, 2016
informal a conversation The convo around concussions mostly focuses on guys who play football, but Chastain thinks that this whole thing could be a headache for women too.

Read More