floating
adjective

not fixed

Examples
  • floating exchange rates

  • the floating pound

"...in a world of floating exchange rates the dollar is strong because of capital inflows rather than weak because of the nation's trade deficit" [Duns business Month]

Browse by Subjects
clean float
interest rate swap
multiple exchange rates
shock
currency band
See All Related Terms »

hurdle rate
service charge
outlay
limiting factor
debtor