Related Words

Floating: Separation of pigment colors on the surface of applied paint.

Floating Rate: A debt security or corporate preferred stock whose interest rate is adjusted periodically to reflect changing money market rates is known as a floating rate instrument. These securities, for . . . View Full Definition

Floating Shares: Floating shares are shares of a public corporation that are available for trading in a stock market. The number of floating shares may be smaller than the company’s outstanding shares if fou . . . View Full Definition

Floating An Issue: When a corporation or public agency offers new stocks or bonds to the public, making the offering is called floating an issue. In the case of stocks, the securities may be an initial public . . . View Full Definition

Floating-Rate Note (FRN): An guaranteed investment instrument whose interest payment is tied to some variable (floating) interest rate benchmark, such as a specific-maturity Treasury yield.

Floating Securities: General attachment against a company's assets or against a particular class of assets.

Floating Supply: Securities bought in a broker's name and resold quickly to attain a profit in a short amount of time.

Floating Exchange Rate: Short-term debt that is renewed and refinanced contantly to fund capital needs of a firm or institution.

Floating Elements: One or more elements in a lens which adjust position relative to other components during focusing or zooming. Used to maintain correction of lens aberrations at all settings.

Floating Debt: 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%.