The computer part that handles floating point operations.
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FLOATING POLICY
Insurance for instance of uncertain cost that cannot be calculated. The premuim charges are computed based on the end of the policy. It is recalculated many times based on the […]
FLOATING RATE BOND
A bond with changing interest based on market changes. It is stable and no loss occurs as interest rates change in the market.
FLOATING RATE CERTIFICATE OF DEPOSIT (FRCD)
A CERTIFICATE OF DEPOSIT issued by a BANK that pays a monthly, quarterly, semiannual, or annual COUPON based on a floating INTEREST RATE , often LIBOR or EURIBOR. The most […]
FLOATING RATE LOAN
A loan with a changing interest rate due to market changes.
FLOATING RATE NOTE
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 […]
FLOATING RATE NOTE (FRN)
ADEBT obligation with a final maturity of 1 to 15 years that pays a monthly quarterly semiannual, or annual COUPON based on a floating INTEREST RATE reference, often LIBOR or […]
FLOATING SECURITY
This term applies to the fair and equitable lien for a going concern that serves as a temporary security.
FLOATING STRIKE LADDER OPTION
An OVERTHECOUNTER COMPLEX OPTION that allows the buyer to lock in any accumulated gains prior to expiry as the price of the UNDERLYING exceeds prespecified market levels (or
FLOATING STRIKE LOOKBACK OPTION
An OVERTHECOUNTER COMPLEX OPTION that provides the buyer with a maximum gain by
FLOATING-RATE CONTRACT
A company that handles pension plans for lump sum payment or installments . The principal is guaranteed by a company or bank issuing the policy. The payoff comes with a […]
FLOATING-RATE PAYER
A party that has an interest rate swap contract that pays variable interest as stated in the contract. AKA swap seller.
FLODE-MARK
Flood-mark, high-water mark. The mark which the sea. at flowingwater and highest tide, makes on the shore. Blount.
FLOGGING
the term for punishment using a whip.
FLOOD
Overflow in a normal dry area that is temporary. It can be water or mud. It is caused by overflow of water, buildup, runoff, or erosion on a shoreline.
FLOOD INSURANCE
Insurance for flood zones to protect against loss.
FLOOR
A section of a building between horizontal planes. Lowell v. Strahan. 145Mass. 1. 12 X. E. 401. 1 Am. St. Rep. 422.A term used metaphorically, in parliamentary practice, to denote […]
FLOOR BROKER
A stock exchange memeber that executes orders for another party. Refer to floor trader .
FLOOR DUTY
When an agent must stay in the office for walk in customers and to answer phones. The real estate agents must give face to face in office time.
FLOOR EFFECT
When a tested treatment is just as bad as the illness. A new formulation should be sought to create a viable treatment that will actually be helpful.
FLOOR PLAN INSURANCE
Insurance for goods to be sold in a retail store. It can be used as collateral. Damages are covered by the policy.
FLOOR TRADER
A member of the stock exchange that executes orders on their account. Refer to floor broker .
FLOORTION
An OVERTHECOUNTER OPTION on a FLOOR, granting the buyer the right to purchase a floor at a predetermined STRIKE PRICE . See also CAP, CAPTION.
FLORENTINE PANDECTS
A copy of the Pandects discovered accidentally about theyear 1137, at Ainalphi, a town iu Italy, near Salerno. From Amalphi, the copy found itsway to Pisa, and, Pisa having submitted […]
FLORIN
A coin originally made at Florence, now of the value of about two English shillings.