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variable-rate

American  
[vair-ee-uh-buhl-rayt] / 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.

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We assumed that the individual put 20% down and financed the rest of the home purchase with a variable-rate mortgage 2 percentage points above the Treasury bill rate, updated monthly.

From The Wall Street Journal ● Nov. 5, 2026

Smaller companies tend to be more reliant on debt to fund operations, particularly of the variable-rate variety, than their larger-cap counterparts.

From MarketWatch ● Sep. 9, 2026

The largest deal, the $3 billion variable-rate Stretch, now trades around $93, below its face value of $100, and yields 11%.

From Barron's ● Nov. 21, 2025

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

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