InvestorWords.com

Definitions (3)

1. A security which is bought and held in street name with the expectation that it will be quickly resold at a profit.

2. Any part of a new issue which is unsold.

3. Bonds or preferred stocks which pay an interest rate that fluctuates according to a formula or in step with the market interest rate. also called floating rate securities, floaters.

• Budgeting and Saving: Quicken v. Microsoft Money
• Tax Implications of Different Types of Investments
• Credit Default Swaps
• Are student loans a good idea?
• Yield, Duration and Ratings of Bonds
• Consumption vs Income Tax

Featured Advertiser