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fixed-rate
Pronunciation
/fˈɪkstɹˈeɪt/

Definition & Meaning of "fixed-rate"in English

fixed-rate
01

(of a loan or account) having an interest rate that remains constant for a specified period 

Grammatical Information
Examples
She chose a fixed-rate mortgage to protect against future rate hikes. 

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Nearby Words
fixed-line
fixed window
fixed penalty
fixed
fixative
fixed-term
fixer
fixin to
fixings
fixins
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