Floating
Floating
Floating, in general usage, means variable or not fixed. In lending, floating (as in floating rate) is sometimes used to describe a loan that has an adjustable interest rate. In timeshare ownership, floating describes ownership rights that aren't limited to a designated week or weeks of the year; the owner has the right to use the property for the specified length of time, but the exact dates of usage aren't defined.
5.49
5.19
