{"id":165611,"date":"2022-05-06T15:46:29","date_gmt":"2022-05-06T15:46:29","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/floor\/"},"modified":"2022-05-06T15:46:32","modified_gmt":"2022-05-06T15:46:32","slug":"floor","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/floor\/","title":{"rendered":"Floor"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>An agreement between two parties providing the purchaser (who pays a premium) a guarantee that if interest rates fall below an agreed level, the seller (floor writer) makes compensatory payments to the floor buyer. Floors are used in times of decreasing short term interest rates by money managers trying to preserve certain returns on floating rate investments. Floors are similar to caps, but from the opposite perspective. Floors consist of the sum of individual floorlets.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4251],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165611"}],"collection":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item"}],"about":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/types\/knowledge_item"}],"wp:attachment":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/media?parent=165611"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}