Droplock Security

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Definition: Droplock Security

Droplock Security
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Full Definition of Droplock Security

A floating-rate security which becomes fixed income if the rate to which it is pegged reaches a specified level.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/droplock-security/
Modern Language Association (MLA):
Droplock Security. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 18, 2024 https://payrollheaven.com/define/droplock-security/.
Chicago Manual of Style (CMS):
Droplock Security. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/droplock-security/ (accessed: April 18, 2024).
American Psychological Association (APA):
Droplock Security. PayrollHeaven.com. Retrieved April 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/droplock-security/

Definition Sources

Definitions for Droplock Security are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.