The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

FLOATING RATE NOTE Definition & Legal Meaning

Law dictionary entry - legal definition of embargo

Definition & Citations:

A bond whose interest resets every 6 months. It can be perpetual, capped, or minimax. It is used in euromarket lending. It is a medium term debt instrument. It lasts for 5 years and can be classified in many ways.


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