TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

STEPUP NOTE [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2008-10-21

English

Subject field(s)
  • Investment
CONT

A note that is callable. The note has one interest rate that is applicable for a specified period of time. A second, higher interest rate becomes effective after the first period of time ends, and so on.

Key term(s)
  • stepup note
  • step up note

French

Domaine(s)
  • Investissements et placements
DEF

Obligation portant un taux d'intérêt qui augmente à des dates préétablies.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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