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variable-rate

American  
[vair-ee-uh-buhl-reyt] / ˈvɛər i ə bəlˌreɪt /

adjective

  1. providing for changes in the interest rate, adjusted periodically in accordance with prevailing market conditions.

    a variable-rate mortgage.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Most Australians use variable-rate mortgages, making them far more sensitive to their central bank’s decisions than U.S. homeowners.

From Barron's • Jun. 15, 2026

This might hurt smaller companies, which tend to issue more variable-rate debt to fund their businesses.

From The Wall Street Journal • Jan. 16, 2026

Borrowers of private student loans have already seen rates climb because of previous rate increases: Both fixed- and variable-rate loans are linked to benchmarks that track the federal funds rate, the Fed’s benchmark rate.

From New York Times • May 1, 2024

For starters, WaFd Bank was less vulnerable to rate hikes: Back in 2005, the bank began moving away from fixed-rate loans and toward more variable-rate commercial loans, said CEO Brent Beardall.

From Seattle Times • Feb. 16, 2024

By adding variable-rate loans, it can use the funds-supply operation as a tool to control the shape of the yield curve, analysts say.

From Reuters • Jan. 18, 2023

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