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Trigger Floor

An interest rate floor whose existence or activation depends on a floating rate or index falling below a certain barrier...

Knock-Out Floor

A barrier floor whereby protection (floor rate mechanism) ceases to exist or deactivates (i.e., knocks out) only if the floating...

KO Floor

A barrier floor whereby protection (floor rate mechanism) ceases to exist or deactivates (i.e., knocks out) only if the floating...