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Glossary   >   F   >   "Floater" Definition            Floater Floating rate bond. A bond, or some other type of debt, whose coupon rate changes with market conditions (short term interest rates). Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Floater - Floating rate bond.

A bond, or some other type of debt, whose coupon rate changes with market conditions (short term interest rates).