StocksIntermarket Surveillance Group (ISG) Extra Dividend / Distribution Shares outstanding Conference Call Non-Exempt Issuer LEAP
Floating Rate Security
A floating rate security is one whose interest rate or dividend is influenced by specific market indicators. These rates are often tied to an administered rate, such as the prime rate. This means that as the administered rate changes, so does the interest or dividend of the security. This can provide investors with a potential advantage, as they may be able to earn higher returns when market indicators are favorable. However, it also introduces a level of risk, as these rates can fluctuate and potentially decrease the returns on the investment.
Related terms
Understand the meaning and definition of Intermarket Surveillance Group (ISG) in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Extra Dividend / Distribution in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Shares outstanding in the context of stock market, trading, and investments.
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