floating rate

English

Noun

floating rate (plural floating rates)

1. An rate, usually interest or exchange values,that moves up and down with the rest of the market or along with an index - sometimes called a variable interest rate because it can vary over the duration of the term. This contrasts with a fixed rate.

Translations

Variable rate

• Indonesian: bunga mengambang
• Maori: pāpātanga taurangi