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.

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Example Sentences

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

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

In addition, variable-rate borrowers have been sheltered from higher interest rates after lenders temporarily extended the period over which their debt is amortized, keeping their payments the same.

From Reuters • May 14, 2023