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单词 collar
释义 collar

1) Two interest-rate options combined to protect an investor against wide fluctuations in interest rates. One, the cap, covers the investor if the interest rate rises against him or her; the other, the floor, covers the investor if the rate of interest falls too far.

2) A ceiling and floor put on the coupon rate for a floating-rate note.

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更新时间:2025/4/15 22:34:28