Business / Loan / Market Rate: The rate of interest a company must pay to borrow funds currently. Program-related investments generally are offered at below market rates or at no interest rate.
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Market Verb Synonyms: market-place, exchange, Stock Exchange
Market Noun Synonyms: demand, customer base, call
Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
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Rate Noun Synonyms: rank, grade, class, classify, evaluate, estimate, calculate, compute, count, reckon, judge, gauge, assess, appraise, measure
Rate Verb Synonyms: measure, pace, gait, speed, velocity, clip
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Business / Finance / Adjustable Rate: 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 inst MORE
Business / Finance / Variable-Rate Demand Note: Short-term certificate of deposits that pay interest periodically on roll dates. On each roll date, the coupon on the CD is adjusted to reflect current market rates. MORE
Business / Loan / Adjustable Rate Mortgage (ARM): A loan with an interest rate that changes during the term of the loan. The payments generally increase or decrease with the interest rate. Rate is based on one of several 'index' options. MORE
Business / Taxes / Floating Rate: A debt security or corporate preferred stock whose interest rate is adjusted periodically to reflect changing money market rates is known as a floating rate instrument. These securities, for example, MORE
Business / Real Estate / Blended Rate: An interest rate for a newly financed loan that is higher than the existing rate but lower than the current market rate. MORE
Business / Finance / Variable-Rate Loan: A note that is payable on demand and bears interest tied to a money market rate. MORE