Examples of Floating Rate Security in a sentence
Minimal user interaction.• Service Level 0—No MITM protection, encryption, or user interaction required.The Bluetooth architecture allows for defining security policies that can set trust relationships in such a way that even trusted devices could gain access only to specific services.
This Security may be a Fixed Rate Security, a Floating Rate Security, a Zero Coupon Security or a combination of any of the foregoing, depending upon the Interest Basis shown in the applicable Final Terms.
Upon the date on which any Floating Rate Security or Long Maturity Security in definitive bearer form becomes due and repayable, unmatured Coupons and Talons (if any) relating thereto (whether or not attached) shall become void and no payment or, as the case may be, exchange for further Coupons shall be made in respect thereof.
A Floating Rate Security, the principal amount of which is scheduled to be paid in more than 397 calendar days, that is subject to a Demand Feature, shall be deemed to have a maturity equal to the period remaining until the principal amount can be recovered through demand.
A Floating Rate Security, the principal amount of which, in accordance with the terms of the security, must uncon- ditionally be paid in 397 calendar days or less shall be deemed to have a matu- rity of one day.