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floating-rate note
(redirected from Floating rate note)

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.
floating-rate note
n
(Economics, Accounting & Finance / Banking & Finance) a eurobond, often issued as a negotiable bearer bond, that has a floating rate of interest


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237,211,012 class A-1 first priority senior secured floating rate notes due May 2036, 'BB' placed on Rating Watch Negative; -- U.
Holders should note that, as a result of principal amortization, while each Floating Rate Note was issued in a face amount of $1,000, the outstanding principal amount of each Floating Rate Note is currently $982.
 
 
 
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