HomeDefinitionsCompareDebt FloaterThe financial definition for Floater:A bond whose interest rate varies with the interest rate of another debt instrument, e.g., a bond that has the interest rate of the Treasury bill +.25%. Similar MatchesInverse floaterInverse floaterA derivative instrument whose coupon rate is linked to the market rate of interest in an inverse relationship. Personal article floaterPersonal article floaterInsurance policy attachment designed to cover specified personal valuables. Click to compare definitions of Floater Click to view definitions beginning fl |