Finance
floating rate
Turkish: degisken oran
English Definition
An interest rate or price that is not fixed but varies periodically according to a specified reference index or benchmark. In lending, floating rates are reset at defined intervals, typically monthly or quarterly, based on prevailing market conditions. Borrowers benefit from falling rates but bear the risk of increasing costs when benchmark rates rise.
Türkçe Tanım
Sabit olmayip belirli bir referans endeks veya gostergeye gore donemsel olarak degisen faiz orani veya fiyattir. Kredi verme islemlerinde degisken oranlar genellikle aylik veya ucaylik aralikla mevcut piyasa kosullarina gore yeniden belirlenir. Borclular dusen oranlardan yararlanir ancak referans oranlar yuksekdiginde artan maliyet riskini ustlenir.