Adjustment Interval - Law Dictionary Search Results
adjustment interval
Matched in: Term adjustment interval
Iris diaphragm
An adjustable diaphragm reminiscent of the iris of the eye in its action by which the diameter of an approximately … the aperture of a lens it consists of a number of movable thin curved plates fastened at regular intervals around the inside of a ring the positions of which are simultaneously adjusted by a single knob on
arm
arm Adjustable Rate Mortgage; a mortgage loan subject to changes in interest rates; when rates change, ARM monthly payments increase … mortgage loan subject to changes in interest rates; when rates change, ARM monthly payments increase or decrease at intervals determined by the lender; the change in monthly payment amount, however, is usually subject to a cap. Source:
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