Function: noun
Date: 1981
: a mortgage having an interest rate which is usually initially lower than that of a mortgage with a fixed rate but is adjusted periodically according to the cost of funds to the lender
Function: noun
Date: 1981
: a mortgage having an interest rate which is usually initially lower than that of a mortgage with a fixed rate but is adjusted periodically according to the cost of funds to the lender
Merriam Webster Collegiate English Dictionary. Merriam Webster - Энциклопедический словарь английского языка. 2012