Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,194,308 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Variable-Rate Demand Note
(redirected from Variable-Rate Demand Notes)

    0.01 sec.
Variable-rate demand note
A note that is payable on demand and bears interest tied to a money market rate.

Variable-Rate Demand Note
A debt security that a holder may require the issuer to redeem before maturity. When this occurs, the issuer must pay par to the holder, and the holder loses any future coupon payments that he/she might otherwise have been due. An advantage to a variable-rate demand note from the holder's standpoint is the fact that the holder may reinvest the par value in a new bond in a time of rising interest rates. This protects the holder from certain types of interest rate risk.

Variable-rate demand notes come in two main forms. The first allows the holder to demand redemption on any of several days throughout the life of the bond, while the second only allows this on one particular day. Variable rate demand notes are also known as variable rate demand obligations, option tender bonds, or put bonds. In Canada, the most common term is a retractable bond.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
For some, those variable-rate demand notes were supposed to be a safe haven.
There were $375 billion of so-called variable-rate demand notes outstanding, according to the Securities Industry and Financial Markets Association, of which.
variable-rate demand notes series 1998 (LOC: Huntington National Bank).
 
 
Variable-Length to Fixed-Length
variable-length word
Variable-Length Word Sequence
Variable-Length, Blocked, Spanned
Variable-Length-Packet-Capable Partial Buffer Sharing with Overwriting
Variable-Mid-Control
variable-mu tube
Variable-Node Decoder
variable-performance oxygen delivery system
Variable-Phase Supersymmetric Quantum Mechanics
variable-pitch propeller
variable-pitch propeller
Variable-Precision Interval Arithmetic Processor
Variable-Price Securities
Variable-price security
Variable-rate
Variable-Rate Bond
Variable-Rate Bond
Variable-Rate Bonds
Variable-Rate Bonds
Variable-Rate CD
Variable-rate CDs
Variable-Rate Certificate
variable-rate certificate of deposit
Variable-Rate Certificates
Variable-Rate Certificates of Deposit
Variable-rate demand note
Variable-rate demand note
Variable-Rate Demand Notes
variable-rate demand obligation
Variable-rate loan
Variable-Rate Loans
variable-rate mortgage
variable-rate mortgage
variable-rate mortgage
Variable-Rate Mortgages
Variable-Rate Multi-Modal Speech Coder
variable-rate note
Variable-Rate Notes
variable-rate preferred stock
Variable-Rate Preferred Stocks
Variable-Rate Variable-Power
variable-reluctance microphone
variable-reluctance pickup
variable-reluctance stepper motor
variable-reluctance transducer
variable-resistance accelerometer
variable-sequence robot
Variable-Sized Droplet Technology
Variable-Specific-Impulse Magnetoplasma Rocket
Variable-Speed Constant Frequency
Variable-Speed Control-Moment Gyroscope
variable-speed drive
variable-speed generator
variable-speed motor
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.