ADJUSTABLE RATE MORTGAGE Definition

ADJUSTABLE RATE MORTGAGE (ARM) is A mortgage that features predetermined adjustments of the interest rate at regular intervals. An ARM's interest rate is tied to an index outside the control of the lender.

Learn new Accounting Terms

CORROBORATE is to strengthen with other evidence in order to make more certain.

KROON (KROONI) is a currency of Estonia.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.

Purchase and download Glossary
Only $9.95