Floating Rate

Famous quotes containing the words floating and/or rate:

“The Royal Navy of England hath ever been its greatest defence and ornament; it is its ancient and natural strength; the floating bulwark of the island.”
—William Blackstone (1723–1780)

“Put God in your debt. Every stroke shall be repaid. The longer the payment is withholden, the better for you; for compound interest on compound interest is the rate and usage of this exchequer.”
—Ralph Waldo Emerson (1803–1882)