 # Variable rated demand bond (VRDB) Home  Site Map  Add Term  Search  About Us  Contributors # Variable rated demand bond (VRDB)

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

Variable rated demand bond (VRDB)

# Standard Variable Rate

Standard Variable Rate

The Standard Variable Rate is the rate which many mortgages revert to after the introductory offer, fixed rate or discount period is over. They are the simplest and most traditional mortgage product with no upper or lower limit on the rate charged, and the bank can raise or lower the rate at their discretion (though usually this is done broadly in line with the base rate).

# Variable rate

Variable rate

A 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.

# Normal random variable

Normal random variable

A random variable that has a normal probability distribution.

# Variable rate mortgages

Variable rate mortgages

As you would expect from the name, variable mortgage rates go up and down and generally don't stay at the same level for too long. This is because the interest rate and subsequent level of repayment varies with the lender's interest rate. This is usually derived from Bank of England base rate or some other index. One such index is the banks' base rate - an average of the rates of several leading lenders.

# Discrete variable

Discrete variable

Variable like 1, 2, 3. Bond ratings are examples of discrete classifications.

# Further Suggestions

Key Process Variable
Meff Renta Variable
Strategic variable
Variable rate demand note
Variable rate CDs
Independent variable
variable rate mortgage
variable rate certificate
variable interest rate
Variable cost
Random variable
variable annuity
Investment Company with Variable Capital
Variable interest rate
variable life insurance
Variable rate loan
Continuous random variable
Variable Ratio Write
Dependent variable
Variable
Variable annuities
Variable price security
Endogenous variable
Endogenous variable
Variable Plan