Variable rate

Variable rate,

Definition of Variable rate:

  1. Also called adjustable rate. The interest rate on a loan that varies over the term of the loan according to a predetermined index.

  2. Denoting or relating to a loan or savings account with an interest rate that may be changed in response to economic conditions.

How to use Variable rate in a sentence?

  1. Over the last several years, variable-rate mortgages have proven to be money savers.

Meaning of Variable rate & Variable rate Definition

Variable Rate,

Variable Rate: What is the Meaning of Variable Rate?

Interest rates that can fluctuate over the life of a loan, credit line or term deposit account. Due to changes in the index rate (for example, the basic interest rate) the interest rate can be adjusted in certain circumstances. Banks can set their own interest rates.

Interest rates that fluctuate over the life of a loan, credit line or term deposit account. May come This interest rate may vary depending on changes in the index that are beyond the control of the bank, such as the B-base interest rate in the United States, or the bank may change interest rates at its discretion.

Interest rates or profits that change regularly.

Literal Meanings of Variable Rate

Variable:

Meanings of Variable:
  1. It is contradictory or a static pattern that changes.

  2. Can be changed or customized.

  3. Elements, features or factors that may vary or change.

Sentences of Variable
  1. The quality of hospital food varies widely

  2. The drill has variable speed

  3. There are many variables involved to make a meaningful prediction

Synonyms of Variable

capricious, changeable, fluctuating, unstable, mutable, fluid, irregular, fickle, unsettled, inconstant, unpredictable, protean, unsteady, inconsistent, temperamental, varying, unfixed, undependable, vacillating, unreliable, floating, shifting

Rate:

Sentences of Rate
  1. They were asked to assess their abilities in various driving exercises

Synonyms of Rate

figure, adjudge, assess, weigh up, tariff, price, charge, fare, amount, value, judge to be, think to be, put a value on, judge, estimate, appraise, gauge, hold to be, hire, deem to be, find to be, outlay, evaluate, consider to be, calculate, reckon to be

Variable Rate,

What is The Definition of Variable Rate?

  • Interest rates that can fluctuate over the life of a loan, the line of credit, or the life of a deposit account. Quotes may be adjusted in certain circumstances due to changes in the index rate (e.g. prime interest rate), the bank may set its own rate or.

  • Meaning of Variable Rate: Interest rates that can fluctuate the life of a loan, line of credit, or deposit account. These rates may vary due to changes in the index beyond the control of the bank, such as the US Fed funding rate, or the bank may change the rates at its discretion.

  • Any interest rate or profit that changes ic.

Literal Meanings of Variable Rate

Variable:

Meanings of Variable:
  1. Is contradictory or has a fixed pattern that can change.

Synonyms of Variable

wavering, volatile, kaleidoscopic, movable, changeful, up and down, blowing hot and cold, chameleonic, peaky, variational, changing, uneven, fitful

Rate:

Meanings of Rate:
  1. Think of it as a special standard.

Sentences of Rate
  1. Cannabis was removed and used as tissue for hemp.

Synonyms of Rate

allowance, pay, duty, place, mark down as, count, class, wage, tax, position, measure, regard, look on, fee, account, remuneration, payment, toll, esteem, grade, classify, levy, cost, damage, rank, categorize, compute

Variable Rate,

What Does Variable Rate Mean?

  1. Meaning of Variable Rate: Interest rates that can fluctuate the life of a loan, line of credit, or deposit account. Prices can be adjusted in some cases due to changes in the index rate (such as the base interest rate), the bank may set its own rate or.

  2. Variable Rate means, Interest rates that can fluctuate over the life of the loan, the line of credit, or the deposit account. These rates may vary due to changes in the index beyond the control of the bank, such as the US Fed funding rate, or the bank may change the rates at its discretion.

Literal Meanings of Variable Rate

Variable:

Sentences of Variable
  1. Drill speed is variable.

Rate:

Meanings of Rate:
  1. A fixed price was paid or received for something.

  2. Soak it in water (linen or linen) to soften it.

Sentences of Rate
  1. They were asked to review their skills in various driving tricks.

  2. Deciding to disrespect this young man