Adjustment Date

Adjustment Date

In an adjustable rate mortgage or other variable rate loan, the date on which the interest rate changes. The adjustment date occurs regularly, but how often it occurs depends upon the adjustment frequency.
References in periodicals archive ?
Requests Must Be In Writing And Must Be Received Thirty Days Prior To The Adjustment Date.
The change shall be determined by comparison of the figure for a date which is 12 months prior to the adjustment date.
The conversion and exercise prices of the notes and warrants will be adjusted to 85% of market price on the occurrence of certain future adjustment dates as defined in the transaction documents.