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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

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

From New York Times • Jun. 14, 2023

With rising interest rates, variable-rate debt becomes more expensive — including credit cards.

From Seattle Times • Mar. 27, 2023

Under the amended rules, the central bank can make both fixed-rate and variable-rate loans of up to 10 years' duration against collateral to financial institutions.

From Reuters • Jan. 18, 2023

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