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Variable-rate |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Variable life insurance Variable life insurance policy Variable Plan Variable rated demand bond variable ratio option writing Variable Ratio Write Variable-price security Variable-rate Variable-rate CDs variable-rate certificate of deposit Variable-rate demand note variable-rate demand obligation Variable-rate loan variable-rate note variable-rate preferred stock |
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