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Related Definitions
Adjustable rate Adjustable rate applies mainly to convertible securities. Refers to interest rate or dividend that is adjusted periodically, usually according to a standard market rate outside the control of the bank or savings institution, such as that prevailing on Treasury bonds or notes.
Adjustable-rate mortgage (ARM) Adjustable-rate mortgage (ARM) is a mortgage that features predetermined adjustments of the loan interest rate at regular intervals based on an established index.
The interest rate is adjusted at each interval to a rate equivalent
Adjustable life insurance Adjustable life insurance life insurance on which the insured may raise or lower the face value lengthens or shorten the protection period, or change the kind of protection as personal circumstances require.
Adjustable-rate mortgages (ARMs) Adjustable-rate mortgages (ARMs) is the loans against real property whose interest rate periodically adjusts to changes in market interest rates.
Adjustable peg system Adjustable peg system is a system in which a currency is pegged to another, but with the possibility of adjusting the exchange rate from time to
Adjustable pedals Adjustable pedals are accelerator and brake pedals that can be moved closer to or further away from the driver's seat.
Adjustable suspension Adjustable suspension is a suspension that offers driver-selectable damper (and sometimes spring) firmness settings to suit varying
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