Adjustable-rate mortgage
a mortgage that provides for periodic changes in the interest rate, based on changing market condtions.
abbreviation: arm.
Read Also:
- Adjustable spanner
(def 1).
- Adjusted
arranged or fitted properly: properly adjusted shelving will accommodate books of various heights. adapted to surroundings or circ-mstances (often used in combination): a well-adjusted child. to change (something) so that it fits, corresponds, or conforms; adapt; accommodate: to adjust expenses to income. to put in good working order; regulate; bring to a proper state or […]
- Adjusted gross income
(in u.s. income-tax returns) the total of an individual’s wages, salaries, interest, dividends, etc., minus allowable deductions. abbreviation: agi.
- Adjuster
a person or thing that . an insurance company representative who investigates claims and makes settlement recommendations based on the estimate of the damages and the company’s liability. historical examples in modern business the letter has become the advertiser, the salesman, the collector, and the adjuster of claims. business english rose buhlig “not an adjuster,” […]
- Adjustive
concerned with, making, or controlling : to settle in a chair with adjustive motions; a thermostat with an adjustive dial.