floorlet

名词 n.
中文释义

英文释义

名词 n.
  1. A component of an interest rate floor, a derivative instrument that effectively prevents the interest payments on an otherwise variable-rate loan from falling below an agreed level (the "floor"). Each floorlet, analysable as a put option, covers one interest accrual period (such as three months); the whole interest rate floor is made up of a series of consecutive floorlets.

词形变化

floorlets plural

词源

From floor + -let.
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