an Interest Rate that periodically adjusts based on a market index rate, such as LIBOR. Most Term Loans and Revolving Loans are Floating Rate debt. Compare Fixed Rate.
Latham & Watkins is pleased to provide our Book of Jargon® — Hedge Funds. The Book of Jargon® — Hedge Funds
is a comprehensive glossary of hedge fund slang, legal and regulatory terminology, and acronyms.
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