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

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

Credit card and other variable-rate debt is getting more expensive as the Federal Reserve raises short-term interest rates to combat inflation.

From Seattle Times • Jan. 9, 2023