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adjustable rate * 1.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 . Typically, such issues have a set floor or ceiling, called caps and collars that limits the adjustment English Related Words* abortion rate * absence rate * absentee rate * absorbed dose rate * absorption rate * accounting rate * adiabatic lapse rate * adjustable * adjustable arrangement * adjustable bearing * adjustable bearing support * adjustable bolt * adjustable cam * adjustable capacitor * adjustable condenser |
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