Variable Rate Demand Note (VRDN),
How Do You Define Variable Rate Demand Note (VRDN)?
A floating rate note receivable (VRDN) is a loan instrument that represents a loan that is payable at the time of inspection and pays interest based on current money market interest rates such as base interest rates. The interest rate applicable to borrower funds is determined at the beginning of the loan and is usually equal to the additional margin in addition to the money market rate.
Literal Meanings of Variable Rate Demand Note (VRDN)
Meanings of Variable:
An element, property or element that may vary or change.
It is contradictory or a static pattern that changes.
It can be edited or customized.
Sentences of Variable
There are many variables involved in making meaningful predictions
The quality of hospital food varies greatly
The speed of the variable in the drill
Synonyms of Variable
unsettled, inconstant, varying, irregular, unpredictable, fitful, unstable, uneven, fickle, movable, mutable, protean, unfixed, temperamental, changeable, kaleidoscopic, fluid, undependable, chameleonic, wavering, shifting, capricious, vacillating, volatile, fluctuating, inconsistent, unreliable, floating, unsteady
Meanings of Rate:
Set a standard or value for a particular scale (object).
Think of it as a particular quality, standard or area.
A measure, quantity or frequency that is usually measured in relation to another quantity or unit of measure.
Scolding (someone) in anger
Sentences of Rate
They were asked to assess their abilities in various driving exercises.
This program is considered very successful.
Synonyms of Rate
outlay, tariff, evaluate, value, assess, estimate, charge, weigh up, amount, gauge, appraise, find to be, calculate, measure, judge to be, judge, hire, think to be, hold to be, put a value on, adjudge, consider to be, figure, compute, deem to be, reckon to be
Meanings of Demand:
Claim or ask directly.
A stubborn and aggressive move is permissible.
Sentences of Demand
"Where is he?" He asked
A series of demands for far-reaching reforms
Synonyms of Demand
command to, request, order to, tell to, enjoin to, call on to, call, urge to
Meanings of Note:
Watching or paying attention (something)
Enter (something) in writing.
A brief note about an event, title, or idea written as a reminder.
Informal short letter or text message.
A bank note
A specific sound that is produced by a musical instrument or a human voice.
A particular quality or tone that reflects or expresses a mood or attitude.
Sentences of Note
Seeing your mother's extraordinary happiness
Write the address on a piece of paper
I will make notes in my diary
I left a note stating where I was going
Ten pound note
Symphony's last note is gone
There is a hatred in your voice
Synonyms of Note
write down, enter, take into account, consider, minute, vein, inscribe, element, entry, strain, observe, hint, register, inflection, put down, line, take note of, take into consideration, streak, message, missive, take down, notation, sound