Meaning STEP-DOWN NOTE: A floating-rate note whose interest rate declines after a specified period of time
More terms such as Step-down note in Dictionary S.
- Definition Simplified Employee Pension (SEP) Plan:
- Examples A pension plan in which both the employee and the employer contribute to an individual retirement account. Also available to the self-employed step-down note definition.
- Definition Spot Exchange Rates:
- Examples Exchange rate on currency for immediate delivery. Related: Forward exchange rate step-down note explain.
- Definition Scale Order:
- Examples a security that specifies the total amount to be bought (sold) and the amount to be bought (sold) at successively decreasing (increasing) price intervals; often placed in order to average the price step-down note what is.
- Definition Stopped:
- Examples specific price on the customer's working order while the dealer tries to obtain a better one. Stopped against one's self involves a customer order and a firm's own account, not two step-down note meaning.
- Definition Stock Right:
- Examples Another terminology for a stock option step-down note abbreviation.
