Reference Rate

Business / Finance / Reference Rate: A benchmark interest rate (such as LIBOR) used to specify conditions of an interest rate swap or an interest rate agreement.

Other Words for Rate

Rate Verb Synonyms: measure, pace, gait, speed, velocity, clip
Rate Noun Synonyms: rank, grade, class, classify, evaluate, estimate, calculate, compute, count, reckon, judge, gauge, assess, appraise, measure
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Other Words for Reference

Reference Verb Synonyms: allusion, mention, remark, referral, direction, indication, specification, naming, quotation, citation, note, notation, notification, hint, intimation, innuendo, insinuation
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Interest Rate Cap

Business / Finance / Interest Rate Cap: An agreement whereby one party, for an up-front premium, agrees to compensate the other at specific time periods if a designated interest rate (the reference rate) is different from a predetermined le MORE

Interest Rate Floor

Business / Finance / Interest Rate Floor: An interest rate agreement in which payments are made when the reference rate exceeds the strike rate. Also called an interest rate ceiling. MORE

Floating-Rate Preferred

Business / Finance / Floating-Rate Preferred: In an interest rate swap, the counterparty who pays a rate based on a reference rate, usually in exchange for a fixed-rate payment. MORE

Interest Rate Futures Contract

Business / Finance / Interest Rate Futures Contract: An interest rate agreement in which payments are made when the reference rate falls below the strike rate. Related: Interest rate cap. MORE

Plowback Rate

Business / Finance / Plowback Rate: Related: Retention rate MORE

Polyunsaturated Fat

Health / Vitamins / Polyunsaturated Fat: A fat in which there are two or more links in the chain of carbon atoms that can be opened to accept hydrogen atoms. MORE

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