"floorlet" meaning in All languages combined

See floorlet on Wiktionary

Noun [English]

Forms: floorlets [plural]
Etymology: floor + -let Etymology templates: {{suffix|en|floor|let}} floor + -let Head templates: {{en-noun}} floorlet (plural floorlets)
  1. (finance) A component of an interest rate floor, a derivative instrument that effectively prevents the interest payments on an otherwise variable-rate loan from falling below an agreed level (the "floor"). Each floorlet, analysable as a put option, covers one interest accrual period (such as three months); the whole interest rate floor is made up of a series of consecutive floorlets. Categories (topical): Finance
    Sense id: en-floorlet-en-noun-mja7esQH Categories (other): English entries with incorrect language header, English terms suffixed with -let Topics: business, finance

Inflected forms

Download JSON data for floorlet meaning in All languages combined (1.8kB)

{
  "etymology_templates": [
    {
      "args": {
        "1": "en",
        "2": "floor",
        "3": "let"
      },
      "expansion": "floor + -let",
      "name": "suffix"
    }
  ],
  "etymology_text": "floor + -let",
  "forms": [
    {
      "form": "floorlets",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "floorlet (plural floorlets)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
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            "Entry maintenance"
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          "source": "w"
        },
        {
          "kind": "other",
          "name": "English terms suffixed with -let",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Finance",
          "orig": "en:Finance",
          "parents": [
            "Business",
            "Economics",
            "Society",
            "Social sciences",
            "All topics",
            "Sciences",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "glosses": [
        "A component of an interest rate floor, a derivative instrument that effectively prevents the interest payments on an otherwise variable-rate loan from falling below an agreed level (the \"floor\"). Each floorlet, analysable as a put option, covers one interest accrual period (such as three months); the whole interest rate floor is made up of a series of consecutive floorlets."
      ],
      "id": "en-floorlet-en-noun-mja7esQH",
      "links": [
        [
          "finance",
          "finance#Noun"
        ]
      ],
      "raw_glosses": [
        "(finance) A component of an interest rate floor, a derivative instrument that effectively prevents the interest payments on an otherwise variable-rate loan from falling below an agreed level (the \"floor\"). Each floorlet, analysable as a put option, covers one interest accrual period (such as three months); the whole interest rate floor is made up of a series of consecutive floorlets."
      ],
      "topics": [
        "business",
        "finance"
      ]
    }
  ],
  "word": "floorlet"
}
{
  "etymology_templates": [
    {
      "args": {
        "1": "en",
        "2": "floor",
        "3": "let"
      },
      "expansion": "floor + -let",
      "name": "suffix"
    }
  ],
  "etymology_text": "floor + -let",
  "forms": [
    {
      "form": "floorlets",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "floorlet (plural floorlets)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English nouns",
        "English terms suffixed with -let",
        "en:Finance"
      ],
      "glosses": [
        "A component of an interest rate floor, a derivative instrument that effectively prevents the interest payments on an otherwise variable-rate loan from falling below an agreed level (the \"floor\"). Each floorlet, analysable as a put option, covers one interest accrual period (such as three months); the whole interest rate floor is made up of a series of consecutive floorlets."
      ],
      "links": [
        [
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          "finance#Noun"
        ]
      ],
      "raw_glosses": [
        "(finance) A component of an interest rate floor, a derivative instrument that effectively prevents the interest payments on an otherwise variable-rate loan from falling below an agreed level (the \"floor\"). Each floorlet, analysable as a put option, covers one interest accrual period (such as three months); the whole interest rate floor is made up of a series of consecutive floorlets."
      ],
      "topics": [
        "business",
        "finance"
      ]
    }
  ],
  "word": "floorlet"
}

This page is a part of the kaikki.org machine-readable All languages combined dictionary. This dictionary is based on structured data extracted on 2024-06-19 from the enwiktionary dump dated 2024-06-06 using wiktextract (372f256 and 664a3bc). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

If you use this data in academic research, please cite Tatu Ylonen: Wiktextract: Wiktionary as Machine-Readable Structured Data, Proceedings of the 13th Conference on Language Resources and Evaluation (LREC), pp. 1317-1325, Marseille, 20-25 June 2022. Linking to the relevant page(s) under https://kaikki.org would also be greatly appreciated.