adjustable-rate mortgage
[ uh-juhs-tuh-buh l-reyt ]
/ əˈdʒʌs tə bəlˌreɪt /
noun
a mortgage that provides for periodic changes in the interest rate, based on changing market condtions. Abbreviation: ARM
Words nearby adjustable-rate mortgage
adjust,
adjustability,
adjustable,
adjustable spanner,
adjustable-pitch,
adjustable-rate mortgage,
adjusted,
adjusted gross income,
adjuster,
adjustive,
adjustment