Floating Debt definitions

Floating debt

Short-term debt that is renewed and refinanced constantly to fund capital needs of a firm or institution.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosf.htm

---

Floating Debt

A bond whose interest rate varies with the interest rate of another debt instrument, e.g., a bond th
Found on http://www.encyclo.co.uk/local/22402

---