Locked-In Interest Rate

Filed Under: l by
Locked-In Interest Rate
A loan where lender and borrower agree on a fixed rate for a given period. The lender agrees to this rate as a legally binding commitment. There may be certain exceptions which, if not met, will let the lender modify the rate upwards.

Recommended for you:

  1. Interest Rate Swap
  2. Forward Interest Rate
  3. Locked Market
  4. Rate of Interest
Home / Glossary / l / Locked-In Interest Rate