floorlet
English
noun
Definitions
- (finance) A component of an w: interest rate cap and interest rate floor, a derivative instrument that effectively prevents the interest payments on an otherwise variable-rate loan from falling below an agreed level (the "floor"). Each "floorlet", analysable as a w: put put option, covers one interest accrual period (such as three months); the whole interest rate floor is made up of a series of consecutive floorlets.
Etymology
Suffix from English floor (primary area).
Origin
English
floor
Gloss
primary area
Timeline
Distribution of cognates by language
Geogrpahic distribution of cognates
Cognates and derived terms
- barnfloor English
- cornfloor English
- floor English
- floor-walker English
- floorage English
- floorball English
- floorboard English
- floorcare English
- floorcloth English
- floorcovering English
- floorer English
- floorful English
- floorgrip English
- floorhand English
- floorhead English
- floorless English
- floorlike English
- floorman English
- floormat English
- floormate English
- floorpan English
- floorperson English
- floorplanning English
- floorplate English
- floorset English
- floorshow English
- floorspace English
- floortime English
- floorwalking English
- floorward English
- floorwards English
- floorway English
- floorwise English
- floorwoman English
- floorwork English
- midfloor English
- multifloor English
- nonfloor English
- refloor English
- seafloor English
- shopfloor English
- showfloor English
- subfloor English
- underfloor English
- flor Middle English
- plorwaks Cebuano
- plua Tok Pisin
- floor
- refloor
- floorer
- subfloor
- seafloor
- floorway
- floormat
- floorset
- floorman
- floorful
- midfloor
- floorage
- floorpan
- nonfloor
- floorhand
- floorwork
- floorcare
- floorhead
- floorgrip
- floorward
- cornfloor
- floortime
- showfloor
- shopfloor
- floormate
- floorshow
- barnfloor
- floorwise
- floorless
- floorlike
- floorball
- floorcloth
- floorboard
- underfloor
- floorwards
- multifloor
- floorwoman
- floorspace
- floorplate
- floorperson
- floorwalking
- floor-walker
- floorplanning
- floorcovering