| floor |
The stratum of rock underlying a coal bed.
출처: www.readinganthracite.com/glossary.htm
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| floor |
(1) the minimum allowable interest rate decrease for adjustable rate mortgages. Floors embedded in mortgage agreements may limit the amount of downward change in the rate of interest at each adjustment period and provide a fixed minimum below which the rate cannot drop during the life of the loan. (2) an agreement negotiated between a buyer and seller. The buyer of a floor agreement pays a fee to the seller. ...
출처: www.ots.treas.gov/glossary/gloss-f.html
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| floor |
An agreement with a counterparty that sets a lower limit to interest rates for the floor buyer for a stated time period.
출처: www.exchange-handbook.co.uk/glossary.cfm
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| floor p. |
the unpaired ventral longitudinal zone of the neural tube, forming the floor of that tube; called also ventral p. and bodenplatte.
출처: www.mercksource.com/pp/us/cns/cns_health_library.j...
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| floor |
A contract whereby the seller agrees to pay to the purchaser in return for the payment of a premium, the difference between current interest rates and an agreed (strike) rate times the notional amount, should interest rates fall below the agreed rate. A floor contract is effectively a string of interest rate guarantees.
출처: www.eagletraders.com/other/glossary_fin_terms.htm
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