Word.ws English Dictionary

drop-lock

drop-lock adjective: having a floating interest rate until a certain market rate is reached, at which point the interest rate becomes fixed.

Adjective

drop-lock (not comparable)

  1. Having a floating interest rate until a certain market rate is reached, at which point the interest rate becomes fixed.
    • a drop-lock bond
    • a drop-lock stock

Questions about drop-lock

What does drop-lock mean?
Drop-lock means having a floating interest rate until a certain market rate is reached, at which point the interest rate becomes fixed.
What part of speech is drop-lock?
Drop-lock is an adjective.

Words near drop-lock in the dictionary

  1. drop-leaf
  2. drop-leaf table
  3. drop-leaf tables
  4. drop-leafs
  5. drop-leaves
  6. drop-lock
  7. drop-off
  8. drop-offs
  9. drop-out
  10. drop-outs
  11. drop-proof

Source and license

Adapted from Wiktionary: drop-lock (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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