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Variable Rate Demand Note (VRDN)

Definitions

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Julian
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A variable rate demand note is a debt instrument that represents funds that are payable on demand and accrue interest based on the money market rate.
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Variable Rate Demand Note (VRDN) meaning & definition 1 of Variable Rate Demand Note (VRDN).

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Variable Rate Demand Note (VRDN)

Variable Rate Demand Note (VRDN) meaning & definition 1 of Variable Rate Demand Note (VRDN).