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单词 floating debt
释义

floating debt


floating debt

n (Economics) short-term government borrowing, esp by the issue of three-month Treasury bills

floating debt


Floating debt

Short-term debt that is renewed and refinanced constantly to fund capital needs of a firm or institution.

Floating Debt

Short-term debt that a company refinances continuously. A company may utilize floating debt instead of long-term debt because short-term loans have lower interest rates. Also, if interest rates fall, the company will be able to refinance at a lower rate to reduce its expenses. The risk of floating debt is the possibility that interest rates will rise, increasing the company's expenses.

floating debt

Short-term debt that is subject to continual refunding by the issuer.
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更新时间:2025/3/4 18:04:18