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variable-rate mortgage
var·i·a·ble-rate mort·gage (plural var·i·a·ble-rate mort·gag·es)


noun 
Definition:
 
U.K. finance 
Same as  adjustable-rate mortgage
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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