Meaning Of The Word Droplock
What's the definition of Droplock? Find Droplock meanings, definitions and more at the Real Dictionary online.
Droplock Meaning
| Droplock Definition |
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What's The Definition Of Droplock?
droplock in British English
noun: a variable-rate bank loan used on international markets that is automatically replaced by a fixed-rate long-term bond if the long-term interest rates fall to a specified level; it thus combines the advantages of a bank loan with those of a bond |
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