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| 1. | capable of being adjusted: adjustable seat belts. |
| 2. | (of loans, mortgages, etc.) having a flexible rate, as one based on money market interest rates or on the rate of inflation or cost of living. |
| 3. | (esp. of life insurance) having flexible premiums and coverage, based on the insuree's current needs and ability to pay. |
| 4. | any rate, expense, income, etc., that varies unpredictably: Luckily, his chief income is not made up of adjustables. Allow some money in your budget for the adjustables. |