What Is Floating Rate

question 108

Essay

What is floating rate?

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Definitions:

Challenge for Cause

A legal objection during jury selection, where a party seeks to disqualify a potential juror for a specific, articulated reason suggesting bias or inability to serve impartially.

Peremptory Challenge

A prerogative in the process of selecting jurors that allows lawyers to exclude a specific number of prospective jurors without disclosing any justification.

Quasi In Rem

A legal term referring to action taken against the defendant's property to obtain jurisdiction over an individual.

In Personam

Pertaining to a legal action directed against a specific person demanding them to take a specific action or refrain from doing so.