What is the meaning of Floater?

Floater is an instrument whose cash flow varies according to stipulated factors. These instruments can also be leveraged by a multiplier which alters the associated interest payment stream.

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APABarry Goldsmith. (2010). floater. Retrieved September 22, 2026, from http://smartdefine.org/floater/definitions/1154237
ChicagoBarry Goldsmith. 2010. "floater" http://smartdefine.org/floater/definitions/1154237 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, floater, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/floater/definitions/1154237>.
MLABarry Goldsmith. "floater" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/floater/definitions/1154237>
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