Fixed rate: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add second definition.) |
imported>Doug Williamson (Classify page.) |
||
| Line 16: | Line 16: | ||
* [[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.
