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单词 drop lock
释义
  • Business

drop locknoun [ C ]

ukusFINANCE

an arrangement in which a loan with a changing interest rate will be replaced by a bond with an interest rate that does not change, if the interest level goes down to a particular level:

A drop lock gives some protection to investors by combining a floating- and fixed-rate security.
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更新时间:2024/11/10 14:06:45