fixed rate


Definition
A loan in which the interest rate does not change during the entire term of the loan. opposite of adjustable rate.


Related Terms

fixed-rate loan -  More

gnomes -

make whole provision -  More

Mentioned in these terms

Related Personal Finance Articles

Loading...

fixed rate in the news

Loading...
Enter your email address to get our free Term of the Day newsletter!

fixed rate is ...

... part of the Lending & Credit subject.

Search volume for fixed rate

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z