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Code · Nevada · CHAPTER 682A - INVESTMENTS

NRS 682A.075 “Floor” defined.

52 words·~1 min read·/nv/chapter-682a-investments/682a-075

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NRS 682A.075 “Floor” defined. “Floor” means an agreement obligating the seller to make payments to the buyer in which each payment is based on the amount by which a predetermined number, sometimes called the floor rate or price, exceeds a reference price, level, performance or value of one or more underlying interests.
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