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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.

The variable rate at the time on Black’s art loan was 1.43%.

From The Wall Street Journal • Feb. 11, 2026

If the Bank does trim rates, repayments on an average standard variable rate mortgage of £250,000 over 25 years will fall by £40 per month, according to Moneyfacts.

From BBC • Aug. 6, 2025

A similar number of householders have variable rate deals, and lenders will be under pressure to cut their rates if the Bank reduces the base rate.

From BBC • Feb. 5, 2025

Some tracker and variable rate mortgages move fairly closely in line with the Bank's base rate.

From BBC • Nov. 15, 2024

Mr Day, who is retired, currently pays £1,027 a month, but when his fixed rate of 1.89% ends, he will move on to his lender's standard variable rate of 7.99%.

From BBC • May 9, 2024

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