Home > Glossary

Floor

Floor

Definition

An agreement obligating the seller to make payments to the buyer in which each payment is based on the amount by which a predetermined number, sometimes called the floor rate or price, exceeds a reference price, level, performance, or value of one or more underlying interests.

Related Products

Download Free Captive Report
Risk Financing
Captives and the Management of Risk

Navigation

Social Media

User ID: Subscriber Status:Free