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Glossary > V > "Variable interest rate" Definition

Variable interest rate

Interest rates offered by banks and financial institutions on loans or deposits which are liable to change according to circumstances. For example a movement in the interest rate set by the government would usually be an influence.

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Variable interest rate - Interest rates offered by banks and financial institutions on loans or deposits which are liable to change according to circumstances. For example a movement in the interest rate set by the government would usually be an influence.

Variable interest rate : interest rates offered by banks and financial institutions on loans or deposits which are liable to change according to circumstances. for example a movement in the interest rate set by the government would usually be an influence.