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.
floated round in their arms light as a scarf (Truman Capote). 4. Economics To rise or fall freely in response to the market: allowed the dollar to float; a loan whose interest rate floats with the prime rate. v. tr. 1. To cause to remain suspended without sinking or falling.