Business and Personal Finance Dictionary

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• VARIABLE RATE DEMAND NOTE - a payable upon demand note that pays interest tied to a money market rate
  
  
• VARIABLE RATE LOAN - A loan whose rate changes as outside rates change – unlike a fixed rate, which sta...
  
  
• VARIABLE RATE MORTGAGE - see adjustable rate mortgage.
  
  
• VARIABLE RATE MORTGAGE (VRM) - The interest rate is usually compounded monthly and fluctuates with the ...
  
  
• VARIABLE RATED DEMAND BOND (VRDB) - Floating-rate bond that periodically can be sold back to the issuer...
  
  
• VARIABLE RATIO WRITE - An option strategy in which the investor owns 100 shares of the underlying secur...
  
  
• VARIABLE RESET CONVERTIBLES - Convertible securities whose exercise price is tied to the market price o...
  
  
• VARIABLE-LENGTH MOVING AVERAGE - A moving average where the number of periods selected for smoothing is...
  
  
• VARIABLE-MATURITY MORTGAGE - A long-term loan in which the date the balance is due may be changed to ad...
  
  
• VARIABLE-PRICE SECURITY - A security that sells at a fluctuating market-determined price stocks and bon...