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Variable rate |
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Variable rateA varible-rate agreement, as distinguished from a fixed-rate agreement, calls for an interest rate that may fluctuate over the life of the loan. The rate is often tied to an index that reflects changes in market rates of interest. A fluctuation in the rate causes changes in either the payments or the length of the loan term. Limits are often placed on the degree to which the interest rate or the payments can vary.Variable rate Similar MatchesVariable rate loanVariable rate loanLoan made at an interest rate that fluctuates depending on a base interest rate, such as the prime rate or LIBOR. Variable rate demand noteVariable rate demand noteA note that is payable on demand and bears interest tied to a money market rate. Investment Company with Variable CapitalInvestment Company with Variable CapitalAn open-ended collective investment vehicle, similar to a unit trust. As with unit trusts, the money invested by savers is pooled, and then invested in the markets by professional fund managers appointed by the ICVC. The advantage to savers is that by putting their savings together with savings of other individuals, they get the benefits of diversification, and also of professional fund management. The difference between an ICVC and a unit trust is that an ICVC is a company rather than a trust. If you put savings into it, you have shares, not units. Also, an ICVC has just one price, whether you are buying or selling shares in it, with charges shown separately. Normal random variableNormal random variableA random variable that has a normal probability distribution. Variable interest rateVariable interest rateA loan rate that moves up and down based on factors including changes in the rate paid on bank certificates of deposit or Treasury bills. Further SuggestionsStrategic variableRandom variable Random variable Endogenous variable Standard Variable Rate Meff Renta Variable variable annuity Variable rate CDs Variable Interest Rate Exogenous variable Standard variable rate variable interest rate Variable levy Variable Plan Continuous random variable Variable price security Endogenous variable Variable rate mortgages Variable Dependent variable Variable costs variable rate mortgage Discrete variable Variable cost Discrete random variable |
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