Medicinal chemistry is a stimulating field as it links many scientific disciplines and allows for collaboration with other scientists in researching and developing new drugs. Medicinal chemists apply their chemistry training to the process of synthesizing new pharmaceuticals. They also improve the processes by which existing pharmaceuticals are made.
(February 2015) A floating interest rate, also known as a variable or adjustable rate, refers to any type of debt instrument, such as a loan, bond, mortgage, or credit, that does not have a fixed rate of interest over the life of the instrument.
rate 1. 1. the amount of a charge or payment with reference to some basis of calculation: a high rate of interest on loans. 2. a certain amount of one thing considered in relation to a unit of another thing: at the rate of 60 miles an hour. 3. a fixed charge per unit of quantity: a rate of 10 cents a pound. 4. degree of speed or progress: to work at a rapid rate. 5. assigned position in any of a series of graded classes; rating.