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单词 interest_rate_agreement
释义
Interest rate agreement
An over the counter agreement whereby one party, for an up-front premium, agrees to compensate the other at specific time periods if a designated interest rate (the reference rate) is different from a predetermined level (the strike rate.) Also called a FRA (pronounced like ‘draw’) or forward rate agreement.
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更新时间:2025/1/22 16:44:33