Fixed rate: Difference between revisions
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Interest calculated as a constant prespecified percentage of the principal amount, and payable at prespecified intervals, often semi-annually or annually. | Interest calculated as a constant prespecified percentage of the principal amount, and payable at prespecified intervals, often semi-annually or annually. | ||
Also known as fixed rate interest. | Also known as fixed rate interest. | ||
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Abbreviation for a fixed foreign exchange rate. | |||
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* [[Fixed rate payer]] | * [[Fixed rate payer]] | ||
* [[Floating rate]] | * [[Floating rate]] | ||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 14:49, 1 July 2022
1.
Interest calculated as a constant prespecified percentage of the principal amount, and payable at prespecified intervals, often semi-annually or annually.
Also known as fixed rate interest.
2.
Abbreviation for a fixed foreign exchange rate.
