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| Definition: |
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A variable rate is an interest rate that may fluctuate over the life of the loan, unlike a fixed rate. A change in the variable rate will affect either the size of the re-payment or the length of the loan.
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| Source
Publication: |
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The OECD Economic Outlook: Sources and Methods.
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| Statistical
Theme: Financial statistics |
| Created
on Tuesday, September 25, 2001 |
| Last
updated on Monday, November 19, 2001 |
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