It stands for marginal cost lending rate; the minimum interest rate below which banks and financial institutions cannot lend as...

The minimum interest rate below which banks and financial institutions cannot lend as it would be infeasible, or not allowable...

A loan whose interest rate payments change over the life of the loan. Typically, the floating interest rate is tied...

A floating-rate loan that is synthetically constructed using interest rate swaps. A debtor with a fixed-rate loan can convert this...

A loan whose interest rate payments change over the life of the loan. Typically, the floating interest rate is tied...