What is another word for FLOATING DEBT?
Pronunciation: [flˈə͡ʊtɪŋ dˈɛt] (IPA) 
Floating debt refers to a type of debt that has a variable interest rate, meaning the interest rate can change over time. This type of debt is commonly associated with short-term loans, credit cards, and other types of financing that do not have a set repayment period.
Synonyms for floating debt include variable debt, adjustable-rate debt, flexible debt, and fluctuating debt. These terms describe debt that has a variable interest rate and repayment terms that can change over time.
Other related terms include non-fixed debt, unsecured debt, and revolving debt, which all describe types of debt that do not have a set repayment period or collateral backing. Overall, floating debt and its synonyms describe a form of financing that can be helpful in the short term, but can also be risky if interest rates increase suddenly.
