Floating-Rate Loan

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August 31, 2024 4 min read Definitions
Floating-Rate Loan: A Comprehensive Guide to Variable Interest Rate Loans
Finance Banking Economics Floating-Rate Loan Variable Interest Rate LIBOR Finance Banking
A floating-rate loan, unlike fixed-rate loans, is a type of loan where the interest rate fluctuates over the loan's term, usually in relation to a benchmark interest rate such as the London Inter Bank Offered Rate (LIBOR).
Read more about Floating-Rate Loan: A Comprehensive Guide to Variable Interest Rate Loans.

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