Variable Rate Loan

Variable Rate Loan
In this type of loan, the rate of interest charged on the balance changes/fluctuates with changes in base rates such as LIBOR or the Prime Rate.

Random Finance Terms for the Letter V

Related posts:

  1. Variable Rate Demand Note (VRDN)
  2. Variable Rate CDs
  3. Variable Ratio Write
  4. Variable Rated Demand Bond (VRDB)
  5. Variation Margin

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