Quantcast
Merriam-Webster Logo
  • Dictionary
  • Thesaurus
  • Scrabble
  • Spanish Central
  • Learner's Dictionary

adjustable rate mortgage

noun

Definition of adjustable rate mortgage

  1. :  a mortgage having an interest rate which is usually initially lower than that of a mortgage with a fixed rate but is adjusted periodically according to the cost of funds to the lender



1981

First Known Use of adjustable rate mortgage

1981


Law Dictionary

adjustable rate mortgage




Seen and Heard

What made you want to look up adjustable rate mortgage? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

at a gallop

Get Word of the Day daily email!

WORD GAMES

Take a 3-minute break and test your skills!

alphabet-pasta-spelling-help

Which is the correct spelling?

acommodate accomodate acommadate accommodate
Name That Thing

Test your visual vocabulary with our 10-question challenge!

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ