fixed rate

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




fixed rate is ...
... part of the
Lending & Credit subject.


Related Terms

fixed-rate loan -  More
gnomes -
make whole provision -  More
refinancing, Series EE bond, standard mileage rate, loan stock, swap rate, circus swap, fixed-dollar obligations, fixed-rate payer, index swap, COLTS


fixed rate appears in these other terms

Fixed-Rate Mortgage


fixed rate appears in the definitions of these other terms on BusinessDictionary.com

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