Variable rate demand note


 

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Variable rate demand note

A note that is payable on demand and bears interest tied to a money market rate.



Variable rate demand note

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Variable price security

Variable price security

A security that sells at a fluctuating market-determined price stocks and bonds are example.


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Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio.


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A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . .


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