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Definition of Teaser rate
1. Noun. (informal finance) An initial, relatively low, rate of interest on an adjustable-rate mortgage designed to attract borrowers. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Teaser Rate
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1. Noun. (informal finance) An initial, relatively low, rate of interest on an adjustable-rate mortgage designed to attract borrowers. ¹
¹ Source: wiktionary.com