Meaning ADJUSTABLE RATE: Applies mainly to convertible securities. Refers to interest rate or dividend that is adjusted periodically, usually according to a standard market rate outside the control of the bank or savings institution, such as that prevailing on Treasury bonds or notes. Typically, such issues have a set floor or ceiling, called caps and collars that limits the adjustment
More terms such as Adjustable rate in Dictionary A.
- Definition Accounting Liquidity:
- Examples The ease and quickness with which assets can be converted to cash adjustable rate definition.
- Definition Australian Stock Exchange (ASX):
- Examples following the amalgamation of the six independent stock exchanges operating in the Australian state capitals. The ASX is the tenth-largest stock exchange in the world on the basis of domestic adjustable rate explain.
- Definition Adequacy Of Coverage:
- Examples A test that measures the extent to which the value of an asset is protected from potential loss either through insurance or hedging adjustable rate what is.
- Definition Arrearage:
- Examples In the context of investments, refers to the amount by which interest on bonds or dividends on cumulative preferred stock is due and unpaid adjustable rate meaning.
- Definition Asset Activity Ratios:
- Examples Ratios that measure how effectively the firm is managing its assets adjustable rate abbreviation.
