ARM

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ARM

ARM

GOST 7.67 Latin three-letter geocode for Armenia. The code is used for transactions to and from Armenian bank accounts and for international shipping to Armenia. As with all GOST 7.67 codes, it is used primarily in Cyrillic alphabets.

Adjustable rate mortgage (ARM).

An adjustable rate mortgage is a long-term loan you use to finance a real estate purchase, typically a home.

Unlike a fixed-rate mortgage, where the interest rate remains the same for the term of the loan, the interest rate on an ARM is adjusted, or changed, during its term.

The initial rate on an ARM is usually lower than the rate on a fixed-rate mortgage for the same term, which means it may be easier to qualify for an ARM. You take the risk, however, that interest rates may rise, increasing the cost of your mortgage. Of course, it's also possible that the rates may drop, decreasing your payments.

The rate adjustments, which are based on changes in one of the publicly reported indexes that reflect market rates, occur at preset times, usually once a year but sometimes less often. Typically, rate changes on ARMs are capped both annually and over the term of the loan, which helps protect you in the case of a rapid or sustained increase in market rates.

However, certain ARMs allow negative amortization, which means additional interest could accumulate on the outstanding balance if market rates rise higher than the cap. That interest would be due when the loan matured or if you want to prepay.

ARM

See adjustable-rate mortgage.

ARM

See Adjustable Rate Mortgage.

References in periodicals archive ?
Fontaine, "Methodology for the assessment of measuring uncertainties of articulated arm coordinate measuring machines," Measurement Science and Technology, vol.
When moving up from manual to automated palletizing, most people start with the lowest-end robotic, the articulated arm, says Bobby Edmond, director of sales for HK Systems' von Gal palletizer line (800-457-9783, www.
50/2016, for the award of supply systems "multimedia terminal at the patient's bed with articulated arm.
Flexible system components like an articulated arm and a small marking head also guarantee the easiest integration in tight production lines.
Articulated arm and gantry robots for machine loading/unloading and carton palletizing with servo electric drive, and end-of-arm tooling.
The company is a manufacturer of portable articulated arm coordinate measurement machines.
Pertinent Data: The articulated arm on the Erowa Lift 2 has five pivotal points which makes it capable of reaching through machine tool doors or other restricted openings.
The articulated arm, designed for heavy weights with its 5 pivotal points, allows very flexible movements.
The lights are available in both 35 and 50 watt models, and with either a 32 inch flexible gooseneck or a 44 inch articulated arm.
For that reason, Biolume of Lille, France, recently developed an ergonomic, articulated arm for its Ergomed 300 technical system that delivers fluids directly to patients, enabling hospital workers to carry out their duties without risk to hoses.
Within the category of robotic palletizers, three designs predominate: Cartesian, articulated arm, and gantry.