What Are Money Things?

Money Things are stocks, bonds, contracts - basically anything that banks and businesses use to loan or borrow cash.

Tuesday, August 3, 2010

What are Floating Rate Debentures?

Floating-Rate Debentures have rates that go up and down depending on the rates being quoted in the market. If rates are high, the debenture's rate is raised.

No comments:

Post a Comment

Please feel free to leave a comment or ask a question.