Fixed rate

A Loan in which the Interest rate does not change during the entire Term of the loan. opposite of Adjustable rate.

Related Terms: 7 Adjustable rate, Interest, Interest rate, Loan, PPO, Ring, Term

Other Related Pages: Category: Lending_and_Credit Starting With: F

Additional Related Terms: Adjustable rate, Accrual of discount, Accrued interest, Amortization of premium, At par, At best, At call, Adjustable rate preferred stock, Adjustable life insurance, At risk