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Glossary Term: VARIABLE-RATE

Definition(s) for VARIABLE-RATE:


1. ) 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 rat


See Also:
VARIABLE-RATE CDS, VARIABLE-RATE DEMAND NOTE, VARIABLE-RATE LOAN


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