different between floorset vs floorlet

floorset

English

Etymology

floor +? set

Noun

floorset (plural floorsets)

  1. (retail) The process of rearranging all the goods in a store to give a fresh appearance, often according to a planogram.

Anagrams

  • footlers, forstole, rooflets

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floorlet

English

Etymology

floor +? -let

Noun

floorlet (plural floorlets)

  1. (finance) A component of an interest rate floor, a derivative instrument that effectively prevents the interest payments on an otherwise variable-rate loan from falling below an agreed level (the "floor"). Each "floorlet", analysable as a put option, covers one interest accrual period (such as three months); the whole interest rate floor is made up of a series of consecutive floorlets.

floorlet From the web:

  • what does floorlet mean
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