Last Updated
：2025/12/06
drop-lock
Adjective
not-comparable
Japanese Meaning
金融用語としての「drop-lock」とは、市場金利が一定の水準に達するまで変動金利とし、その水準に達した時点で固定金利に切り替わる仕組みを指す。
Quizzes for review
(finance) Having a floating interest rate until a certain market rate is reached, at which point the interest rate becomes fixed.
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drop-lock
They refinanced into a drop-lock mortgage that remained variable until market rates hit the trigger, after which the rate was locked in.
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They refinanced into a drop-lock mortgage that remained variable until market rates hit the trigger, after which the rate was locked in.
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