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variable rate of interest

См. также в других словарях:

  • variable rate — ➔ rate1 * * *    A periodically adjusted rate, usually based on a standard market rate. * * * variable rate UK US noun [C] (also adjustable rate, floating rate) FINANCE, PROPERTY ► an interest rate that can change over a period of time: »Hali …   Financial and business terms

  • variable rate mortgage — UK US noun [C] (also adjustable rate mortgage) FINANCE, PROPERTY ► a loan for buying a house on which the interest rate can change over time: »One building society is currently offering a five year variable rate mortgage, capped at 5.75% …   Financial and business terms

  • variable rate mortgage — n. a mortgage involving a loan with a variable interest rate over the period of the loan * * * …   Universalium

  • variable rate mortgage — n. a mortgage involving a loan with a variable interest rate over the period of the loan …   English World dictionary

  • variable-rate gilts — UK US noun [plural] FINANCE ► gilts (= a type of low risk investment) with an interest rate that can change as general market rates change …   Financial and business terms

  • Variable-rate mortgage — A variable rate mortgage or floating rate mortgage is a mortgage loan where the interest rate varies to reflect market conditions. The interest rate will normally vary with changes to the base rate of the central bank and reflects changing costs… …   Wikipedia

  • Variable Rate Mortgage — A type of home loan in which the interest rate is not fixed. The two most common types of mortgages in the United States are fixed rate and variable rate (also called adjustable rate). With a fixed rate mortgage, the interest rate does not change …   Investment dictionary

  • Variable Rate Demand Note - VRDN — A debt instrument that represents borrowed funds that are payable on demand and accrue interest based on a prevailing money market rate, such as the prime rate. The interest rate applicable to the borrowed funds is specified from the outset of… …   Investment dictionary

  • variable rate mortgage — noun : adjustable rate mortgage herein * * * variable rate mortgage, U.S. a mortgage on which the interest rate rises or falls with the interest rate in the money market: »Variable rate mortgages…[fluctuate], depending on such factors as the long …   Useful english dictionary

  • variable-rate — A variable 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… …   Financial and business terms

  • Variable-Rate Certificate Of Deposit — A certificate of deposit (CD) with a variable interest rate. The rate can be determined by a number of mediums, such as the prime rate, consumer price index, treasury bills or a market index. The amount paid out is usually based on a percentage… …   Investment dictionary

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