Variable rate loan


 

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Variable rate loan

Loan made at an interest rate that fluctuates depending on a base interest rate, such as the prime rate or LIBOR.



Variable rate loan

Similar Matches

Variable interest rate

Variable interest rate

See: Adjustable rate


Continuous random variable

Continuous random variable

A random value that can take any fractional value within specified ranges, as contrasted with a discrete variable.


Random variable

Random variable

A function that assigns a real number to each and every possible outcome of a random experiment.


Variable rated demand bond (VRDB)

Variable rated demand bond (VRDB)

Floating-rate bond that periodically can be sold back to the issuer.


Variable rate demand note

Variable rate demand note

A note that is payable on demand and bears interest tied to a money market rate.


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