floating rate

noun

A rate, usually interest or exchange values, that moves up and down with the rest of the market or along with an index.

Similar
variable rate
Opposite
fixed rate

Meanings

nounfloating rate (plural floating rates)

plural floating rates

  1. A rate, usually interest or exchange values, that moves up and down with the rest of the market or along with an index.

    Synonyms: variable rate · Antonyms: fixed rate

Synonyms & antonyms

nounA rate, usually interest or exchange values, that moves up and down with the rest of the market or along with an index.

Similar
variable rate
Opposite
fixed rate

Translations

Indonesian bunga mengambang
  • bunga mengambangvariable rate
Māori pāpātanga taurangi
  • pāpātanga taurangivariable rate
Cite this entry
APA

floating rate. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/floating%20rate

MLA

“floating rate.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/floating%20rate. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “floating rate,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/floating%20rate.

Source: floating rate on Wiktionary, CC BY-SA 4.0.