单词 | fixed-rate |
释义 | > as lemmasfixed-rate fixed-rate adj. designating a mortgage or other loan having an interest rate which remains at a set level for a specified period; of or relating to such a loan; cf. adjustable-rate adj. at adjustable adj. Compounds, variable-rate adj. at variable adj. and n. Additions. ΘΚΠ society > trade and finance > management of money > insolvency > indebtedness > [adjective] > encumbered or with dues undischarged > types of mortgage fixed-rate1958 wraparound1968 1958 N.Y. Times 29 June f1/1 Could fixed-rate government-underwritten mortgages, like unemployment insurance, payments to veterans and social security payments which go into action automatically in a downturn, be another over-all stabilizer. 1975 Lima (Ohio) News 7 Feb. 24/7 Whereas in a fixed-rate loan the bank cannot collect any more than the agreed upon rate, it can do so with the floating rate. 1994 Sunday Times 6 Mar. v. 2/8 Borrowers should not be panicked into taking the first fixed-rate deal they come across. 2008 Independent 15 Apr. 26/1 Ministers fear that thousands of homeowners due to come off fixed-rate mortgage deals, arranged two years ago when credit was cheap, are going to be pole-axed by today's higher rates. < as lemmas |
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