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

ROLLER COASTER Definition & Legal Meaning

Definition & Citations:

When a variable rate of interest is exchanged for a fixed rate of interest to accommodate flexibility between two terms experiencing different financial needs. Refer to variable principal swap.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.