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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 annuityVariable annuitySee: 'annuity'. Exogenous variableExogenous variableA variable whose value is determined outside the model in which it is used. Related: Endogenous variable Variable levyVariable levyA tax on imports that varies over time so as to stabilize the domestic price of the imported good. Essentially, the tax is set equal to the difference between the target domestic price and the world price. Meff Renta VariableMeff Renta VariableStock index and equity derivatives market in Spain trading futures and options on the Iberian Exchange (IBEX)-35 index and on individual stocks. Variable rate loanVariable rate loanLoan made at an interest rate that fluctuates depending on a base interest rate, such as the prime rate or LIBOR. Further SuggestionsVariable costEndogenous variable Strategic variable Standard variable rate Variable rate demand note Standard Variable Rate Variable rate CDs Endogenous variable Dependent variable Variable Plan variable life insurance Exogenous variable Normal random variable Random variable variable interest rate Variable interest rate Investment Company with Variable Capital Variable rate mortgages Variable cost Variable Ratio Write Variable interest rate Variable costs Variable price security variable rate mortgage Independent variable |
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