| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| Index amortizing note | Finance | A note that repays principal over a period of time that lengthens or shortens according to an amortization schedule linked to a specific index, usually LIBOR. As interest rates increase, the IAN's maturity extends longer, an effect similar to what happens to a collateralized mortgage obligation when prepayment rates decrease. An IAN is a type of structured note. (IANs). (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||
