单词 | variable-rate |
释义 | > as lemmasvariable-rate variable-rate adj. designating a mortgage or other loan having an interest rate which may be modified in response to economic conditions; of or relating to such a loan; cf. fixed-rate adj. at fixed adj. Additions. ΚΠ 1952 Manch. Guardian 21 Mar. 9/5 Our decision to increase the rate of interest charged on our variable rate mortgages has not been operated so as to increase the monthly repayments. 1978 Alton (Illinois) Tel. 15 Dec. a2/4 The Federal Home Loan Bank Board said a new variable rate payment system for home mortgages should make it possible for about 2.5 million more families to buy homes. 2008 ‘R. Keeland’ tr. S. Larsson Girl with Dragon Tattoo i. 27 I had a variable-rate mortgage on my apartment when the interest rate shot up to 500 per cent in October. < as lemmas |
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