Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does floating-rate lease mean?

SEARCHING
Suggestion/Report Error
floating-rate lease
Noun


A lease whose interest rate is expressed as a fixed amount (margin) over an interest rate index (e.g., LIBOR plus 150 basis points) and subject to changes in the index during the lease term.

Synonym(s): 
  • floating-rate rental; variable-rate lease.
top
© 2015-2024 Pecunica LLC.  All rights reserved.
;