- convertible adjustable rate mortgages
- сокр. convertible ARM банк. конвертируемая ипотека с регулируемой [плавающей\] процентной ставкой*Syn:
Англо-русский экономический словарь.
Англо-русский экономический словарь.
adjustable rate — Applies mainly to convertible securities ( convertible security). Refers to interest rate or dividend that is adjusted periodically, usually according to a standard market rate outside the control of the bank or savings institution, such as that… … Financial and business terms
rate — The cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the… … Financial and business terms
Convertible ARM — An Adjustable Rate Mortgage (ARM) that gives the borrower the option to convert to a fixed rate mortgage. Convertible ARMs are marketed as a way to avoid rising interest rates and usually include specific conditions. The financial institution… … Investment dictionary
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