Variable rate

1. Interest rates - retail.

An interest rate payable or receivable by a retail customer that changes from time to time.

Either in accordance with a predetermined formula, or - more commonly - at the discretion of the provider.

2. Interest rates.

More generally, any interest rate that is not fixed.

Also known as a floating interest rate.

See also

• Deposit
• Fixed debt
• Fixed rate
• Floating debt
• Floating rate
• Mortgage
• Retail
• Standard variable rate
• Wholesale