Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

inverse floater

Read a random definition: victim-related adjustment

A quick definition of inverse floater:

An inverse floater is a type of investment where the interest rate moves in the opposite direction of a certain index, like the London Interbank Offer Rate. This means that if interest rates rise, the investment loses value and earns less money. It can be a risky investment.

A more thorough explanation:

An inverse floater is a type of note that has an interest rate that moves in the opposite direction from the underlying index, such as the London Interbank Offer Rate. This means that if the index goes up, the interest rate on the note goes down, and vice versa. However, inverse floaters are considered risky investments because if interest rates rise, the securities lose their value and their coupon earnings fall.

Suppose you buy an inverse floater note with an interest rate that is tied to the LIBOR. If the LIBOR goes up, the interest rate on your note will go down. For example, if the LIBOR goes up by 1%, the interest rate on your note might go down by 0.5%. This means that you will earn less interest on your investment. However, if the LIBOR goes down, the interest rate on your note will go up, and you will earn more interest.

inveritare | inverse-floating-rate note

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
12:53
holy shit @scorediot i thought you meant there was an app with a question about taiwan
1a2b3c4d26z
12:53
@JumpySubsequentDolphin: I applied last week (I think...) and didn't have a date today. I'm UR
JumpySubsequentDolphin
12:53
i cant remember whether i had a date this is misery inducing
@SirEggan: he was baiting you. it’s a mean spirited question
the whole definition debate is so wild its the same as labels like. as long as its not hurting anyone let ppl do what they want
12:54
end trans privelage
12:54
obviously sarcsm btw
i was furiously typing a response btw
HopefullyInLawSchool
12:55
Ok another hot topic, Global Warming is it real? I think it is and a very important issue
JumpySubsequentDolphin
12:55
aint no way we're debating global warming here
HopefullyInLawSchool
12:55
did yall like my pun?
the ocean is boiling as we speak
yes it is
soapy
12:56
Uhhhm, acktually, i was cold yesterday. take that, silly scientists!!
12:56
@KnowledgeableRitzyWasp: ah ok lol i see. i figured but also i like to give my answer anyway because they're not going to like it whether i say a definition or i don't. might as well share anyway. if i don't share then it seems like i'm not proud and strong in my beliefs
HopefullyInLawSchool
12:56
Hot Topic, Global Warming
12:56
global warming is fake, it was a hoax started by big justice to trick aj and mother of big justice to bring him to costco for more chicken bake
JumpySubsequentDolphin
12:56
i had to wear a jacket yesterday... where is this global warming that the liberals speak of. i would certainly like some
HopefullyInLawSchool
12:56
no one?
HopefullyInLawSchool
12:56
):
@SirEggan: fair enough
i cannot believe big justice aj and the rizzler were on jimmy fallon
u can see he hated them so bad
costco guys is child abuse
HopefullyInLawSchool
12:57
Any Ave Maria waves (Day three of asking)
that child can barely breathe
13:01
lol look at what that does to north atlantic current too
13:02
We are not "not close" to the extinction of all marine life
LSD+ is ad-free, with DMs, discounts, case briefs & more.