FLOATING_RATE_NOTE meaning: Debt instrument with variable interest

We found 12 dictionaries that define the word floating rate note:

General (6 matching dictionaries)

floating-rate note, floating-rate note: Collins English Dictionary
floating-rate note, floating rate note: Dictionary.com
Floating rate note: Wikipedia, the Free Encyclopedia
floating-rate note: TheFreeDictionary.com
floating rate note, Floating rate note: Longman Dictionary of Contemporary English

Business (6 matching dictionaries)

floating rate note: Merriam-Webster Legal Dictionary
MoneyGlossary.com (No longer online)
FLOATING RATE NOTE (FRN): Accounting Glossary
Glossary of Legal Terms (No longer online)
Floating-Rate Note: Financial dictionary
BusinessDictionary.com (No longer online)

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Definitions from Wikipedia (Floating rate note)

▸ noun: Floating rate notes (FRNs) are bonds that have a variable coupon, equal to a money market reference rate, like SOFR or federal funds rate, plus a quoted spread (also known as quoted margin).

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