See: Adjustable rate

An interest rate that moves up and down with a specific measure or index, such as current money market rates or a lender’s cost of funds.

Definition An interest rate that changes according to the underlying or benchmark interest rate index, such as Treasuries or the prime rate.

A rate that varies in accordance with the money market rates.

A variable interest rate is one that changes over time based on the current rate index.

A rate that varies in accordance with the money market rates. For more information on variable interest rates, start on our pages that discuss how variable interest rates work.

Where consumers receive interest on an investment or pay interest on a loan at a rate that may go up or down during the term. Opposite of fixed interest rate.

An interest rate that changes up or down on a set schedule based on an economic index such as the prime rate

A loan without a set interest rate, meaning that the rate will not necessarily remain the same throughout the life of the loan.

Interest rate that changes throughout the life of a loan.

Interest rate that is adjusted as market rates change. Can be found in adjustable rate mortgages, bonds, and certificates of deposit.

An interest rate which fluctuates up and down based on the rate index.

Variable interest rate refers to an interest rate that fluctuates over the term of a loan on the basis of changes in an index that reflects changes in the market rates of interest. There is no fixed r [..]

These are interest rates, offered by banks and financial institutions on loans or deposits, that may change according to circumstances. For example, a movement in the interest base rate set by the Ban [..]

when the interest rate of a loan changes with market conditions for the duration of the loan.

An interest rate, for instance on a loan or a bond issue, which fluctuates during the life of the loan or bond issue. This fluctuation is usually based on a benchmark interest rate, such as the Prime [..]

An interest rate that fluctuates according to a measure or an index. Variable rates on loans are usually capped to protect borrowers from dramatic increases in the interest rate.

An interest rate that moves up and down with a specific measure or index, such as current money market rates or a lender’s cost of funds.

n. tasa de interés variable

An interest rate that changes, usually monthly, quarterly or annually. Loans with variable interest rates use an index on which to base their rate, such as LIBOR, the Prime Rate or T-Bills.

Where consumers receive interest on an investment or pay interest on a loan at a rate that may go up or down during the term. Opposite of fixed interest rate.

An interest rate that moves up and down with a specific measure or index, such as current money market rates or a lender’s cost of funds.

An interest rate that moves up and down with a specific measure or index, such as current money market rates or a lender’s cost of funds.

An interest rate that changes (goes up or down) based on a specified economic index. Venture Capital Funds invested in enterprises that normally do not have access to conventional sources of capita [..]

An interest rate that may fluctuate over the life of the loan, often tied to an index (prime rate) that reflects changes in market rates of interest. When the interest rate fluctuates, loan payments a [..]

Based on an underlying interest rate index, such as the Bank of England base rate.

For cards with a variable interest rate, the annual interest rate varies when the market rates or other macro-economic indicators change. Mail order transaction: Transaction in which the card holder orders goods or services from the trader by telephone, by post or by any other means of telecommunication where neither the card nor the card holder ar [..]

An interest rate on a loan that can fluctuate compared to the base rate that the lender uses.

An interest rate that is recalculated on a periodic basis, usually based on the prime rate or the T-bill rate. For FSA loans, this rate changes yearly on July 1st.

See: Adjustable rate

A variable interest rate is an interest rate that fluctuates over time. These rates are pegged to prime rates. The prime rate is determined by the federal reserve and the variable interest rate will follow the prime rate when it fluctuates. Your variable interest rate will be the prime rate plus a certain amount.