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Definition | : | Floating Rate Note |
Category | : | Business » Business Terms |
Country/ Region |
: | Worldwide
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Floating Rate Note (FRN) is a debt security bond, of any currency, that entitle the holder to regular interest coupons. FRN coupons are reset periodically to match the London/Euribor interbank offered rate.
Federal Reserve Note
Currencies
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Firm Registration Number
Accounting
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The full form of FRN is Floating Rate Note
Floating Rate Note | Firm Registration Number