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ad•just'a•ble-rate mort'gage



Pronunciation: (u-jus'tu-bul-rāt"), Strict Standards: Non-static method FenSites::linkTo() should not be called statically in /site/html/dictionary/adjustable-rate-mortgage.html on line 79 [key]
a mortgage that provides for periodic changes in the interest rate, based on changing market condtions. Abbr.: ARM

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

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