Inverse floater
Inverse floater is a note in which the interest rate paid moves counter to market rates.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Inverse floater. A note in which the interest rate paid moves counter to market rates.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
