drop-lock
adjDefinitions
Having a floating interest rate until a certain market rate is reached, at which point…
Having a floating interest rate until a certain market rate is reached, at which point the interest rate becomes fixed.
- a drop-lock bond
- a drop-lock stock
The neighborhood
Vish — recursive loop
No curated loop yet for drop-lock. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA