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Variable rate

The financial definition for Variable rate:

A varible-rate agreement, as distinguished from a fixed-rate agreement, calls for an interest rate that may fluctuate over the life of the loan. The rate is often tied to an index that reflects changes in market rates of interest. A fluctuation in the rate causes changes in either the payments or the length of the loan term. Limits are often placed on the degree to which the interest rate or the payments can vary.




Similar Matches

Continuous random variable

Continuous random variable
A random value that can take any fractional value within specified ranges, as contrasted with a discrete variable.


Dependent variable

Dependent variable
Term used in regression analysis to represent the element or condition that is dependent on values of one or more other variables.


Discrete random variable

Discrete random variable
A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . .


Further Suggestions

Discrete variable
Endogenous variable
Exogenous variable
Independent variable
Meff Renta Variable
Normal random variable
Random variable


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Variable rate
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