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variable-rate

[vair-ee-uh-buh l-reyt] /ˈvɛər i ə bəlˌreɪt/
adjective
1.
providing for changes in the interest rate, adjusted periodically in accordance with prevailing market conditions:
a variable-rate mortgage.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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