teaser rate

noun

An initial, relatively low, rate of interest on an adjustable-rate mortgage designed to attract borrowers.

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Meanings

nounteaser rate (plural teaser rates)

plural teaser rates

  1. informalbusinessAn initial, relatively low, rate of interest on an adjustable-rate mortgage designed to attract borrowers.
Cite this entry
APA

teaser rate. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/teaser%20rate

MLA

“teaser rate.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/teaser%20rate. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “teaser rate,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/teaser%20rate.

Source: teaser rate on Wiktionary, CC BY-SA 4.0.