変へん動どう利り付つき債さい

noun

floating rate note

A bond whose interest payments adjust periodically based on a reference rate. Used in financial contexts.

• 変へん動どう利り付つき債さいは市し場じょう金きん利りに応おうじて利り息そくが変かわる。

  Floating rate notes have interest payments that change with market rates.