Any interest rate or dividend that changes on a periodic basis. Variable rates are often used for convertibles, mortgages, and certain other kinds of loans. The change is usually tied to movement of an outside indicator, such as the prime interest rate. Movement above or below certain levels is often prevented by a predetermined floor and ceiling for a given rate. also called adjustable rate.

This content can be found on the following page:

Copyright©1997-2009 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

• email
• print
• cite
•  link
• translate
• share

Copy and paste this HTML in your website to link to this page    <a href="http://www.investorwords.com/5224/variable_rate.html">variable rate</a>

Select language... Chinese Japanese Spanish German French Portuguese Korean Italian Russian More languages...

powered by

Please select a language.