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.
Float Law and Legal Definition. Float is subject to different meanings, but in a financial context, it refers to the difference between the amount of checks written and deposited according to your own books or records, and the amount of those checks or deposits that have cleared your bank account.