Variable Rate Account definition

Variable Rate Account means the variable rate of interest payable on your Account and which may be amended by us.
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Variable Rate Account means an Account where a Variable Rate is paid.
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Variable Rate Account means the variable rate of interest payable on your Account and which may be amended by us. “Withdrawal” means where funds are taken out of your Account either by telegraphic transfer, draft, cheque or cash, by electronic debit or via transfer into another account.
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Examples of Variable Rate Account in a sentence

  • The Bank may carry each Variable Rate Advance in a Variable Rate Account and may carry each Fixed Rate Advance in a Fixed Rate Account, but all Advances will constitute extensions of credit pursuant to a single Credit Line.

  • Variable Rate Account: Your dividend rate and annual percentage yield may change.

  • The Bank may carry each Variable Rate Advance in a Variable Rate Account and may carry each Fixed Rate Advance in a Fixed Rate Account but all Advances will constitute extensions of credit pursuant to a single Credit Line.


More Definitions of Variable Rate Account

Variable Rate Account. The interest rate on your Savings Account is variable. The current interest on your Savings Account is 0.995 % with an annual percentage yield of 1.000%.
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Related to Variable Rate Account

  • Variable Rate means a per annum rate of interest, equal to LIBOR plus 1.68%, as determined on the LIBOR Determination Date preceding each Interest Payment Date, reset quarterly, commencing upon expiration of the Fixed Rate Period.

  • Variable Rate Bonds means Current Interest Bonds, which may be either Serial Bonds or Term Bonds, issued with a variable, adjustable, convertible or other similar interest rate which is not fixed in percentage for the entire term thereof at the date of issue, which Bonds may also be Option Bonds.

  • Variable Account means the account established for a member who participates in the

  • Variable Rate Indebtedness means any portion of indebtedness or other payment obligations, the interest rate on which is not established at the time of incurrence and has not at some subsequent date been established at a single numerical rate for the entire term thereof.

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).