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

It also has deep pockets: Earnings had almost tripled between 2021 and 2023, in part because of its larger portfolio of variable-rate business loans, Mason said.

From Seattle Times • Feb. 16, 2024

"As effective as that stress test was, it was not perfect," Routledge said, noting that many consumer opted for variable-rate, fixed-payment mortgages when interest rates were low during the pandemic.

From Reuters • Sep. 7, 2023

Both fixed- and variable-rate loans are linked to benchmarks that track the federal funds rate.

From New York Times • Jun. 14, 2023