HomeDefinitionsCompareDebt Step down noteThe financial definition for Step down note:A floating-rate note whose interest rate declines after a specified period of time. Similar MatchesRoss, StephenRoss, StephenDeveloper of the Arbitrage Pricing Theory. Finance professor at MIT. Step asideStep asideAllow a block to trade at a price at which you do not care to participate in the trade. Step upStep upTo increase, as in step up the tax basis of an asset. Further SuggestionsStep up bondStep up swap Three steps and a stumble rule Click to compare definitions of Step down note Click to view definitions beginning st |