Variable interest rate


 

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Variable Interest Rate

An interest rate which fluctuates as the prevailing rate moves up or down. In mortgages there are usually maximums as to the frequency and amount of fluctuation. Also called "flexible interest rate."

Variable interest rate

A loan rate that moves up and down based on factors including changes in the rate paid on bank certificates of deposit or Treasury bills.

Variable interest rate

Interest rates offered by banks and financial institutions on loans or deposits which are liable to change according to circumstances. For example a movement in the interest rate set by the government would usually be an influence.

Variable interest rate

See: Adjustable rate



Variable interest rate

Similar Matches

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Variable levy

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Term used in regression analysis to represent the element or condition that is expected to influence another (so-called dependent) variable.


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Variable price security

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