variable installment
[VER-ee-uh-bul in-STAWL-muhnt]
nounpl: variable installments
parcela variável
1. A payment plan where the amount paid in each installment varies or changes over time, rather than remaining fixed
The loan offers a variable installment plan where payments increase as interest rates rise.
O empréstimo oferece um plano de parcelas variáveis onde os pagamentos aumentam conforme as taxas de juros sobem.
2. In finance, a periodic payment that is adjusted based on changing conditions such as interest rates, loan balance, or market conditions
With a variable installment mortgage, your monthly payment may fluctuate based on market conditions.
Com uma hipoteca de parcelas variáveis, seu pagamento mensal pode flutuar com base nas condições de mercado.
In Brazil, variable installments are common in mortgage and car loans, particularly during periods of economic uncertainty. Financial institutions use variable installments to transfer interest rate risk to consumers. In the United States, variable installments became more prevalent after the 2008 financial crisis as lenders sought more flexible repayment structures. Both markets require transparent disclosure of how installment amounts will be calculated and adjusted.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →