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

At the same time, variable-rate holders are facing at least 30% increases in payments to remain on their original amortization schedule.

From Reuters • Jun. 13, 2023

But as prices climbed, a record number of people turned to the lower interest rates offered by variable-rate mortgages, with interest payments that track the Bank of Canada’s benchmark rate.

From Seattle Times • Mar. 7, 2023