adjustment period

adjustment period definition - business

adjustment period

The period between interest rate changes for adjustable-rate loans. A one-year adjustment period means the interest rate can change only once every 12 months.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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