From The Jolly Contrarian
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A word about credit risk mitigation
Well - we all do, now and then, when spring is upon us.

Legal security: MortgagePledgeLienBailment
Equitable security: Chargefixedfloating | ABWOS | Equitable lien
Credit risk mitigation: Title transfer | Guarantee | Letter of credit | Netting
Friends and relations: Rehypothecation | Equivalent
Documents: 1994 ISDA CSA (NY law) | 1995 ISDA CSA | 1995 ISDA CSD (English law)
Regulation: LPA 1925 | Financial Collateral Regulations | LPMPA 1994

Index: Click to expand:

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Could be so many unseemly things:

  • A dead body (see Stephen King’s IT)
  • A poo that won’t go down (a.k.a. a “light brown floater”)

In the context of financial arrangements:

A floater might also refer to a floating rate note or a floating rate in the abstract, but this isn’t really to be encouraged.

See also