Definition of adjustable-rate mortgage in English:

adjustable-rate mortgage

Syllabification: adjustable-rate mortgage

Entry from US English dictionary

(abbreviation: ARM)

noun

A mortgage whose rate of interest is adjusted periodically to reflect market conditions. Also called variable-rate mortgage.

Definition of adjustable-rate mortgage in:

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Pronunciation: vɪˈtjuːpəreɪt
verb
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