ARMs
Fluctuating mortgage products
ARMs is the plural of ARM, an adjustable-rate mortgage—a home loan whose interest rate changes periodically based on market conditions.
ARMs typically start with lower rates than fixed-rate mortgages but carry the risk of payment increases: Many homeowners with ARMs were caught off guard when rates spiked.
Secured home loan
- interestAttention, stake, or fee
- rateMeasured speed or charge
- indexAlphabetical guide to contents
- capCovering for top
floor · ceiling · reset · teaser · variable · hybrid · periodic · adjustment
Secured home loan
- lenderOne who loans money
- borrowerOne who takes temporarily
- refinanceObtain new loan terms
- amortizationGradual debt reduction schedule
underwriting · principal · escrow · closing · origination · preapproval · equity · subprime
Tools for fighting
- riflesLong-barreled shoulder firearms
- missilesSelf-propelled guided weapons
- artilleryLarge-caliber battlefield weapons
- ammunitionWeapon projectiles and charges
tanks · grenades · mortars · rockets · cannons · howitzers · machine-guns · pistols
Combat weapon effectiveness
- barrageSustained, overwhelming attack
- bombardmentSustained projectile assault
- salvoSimultaneous weapons discharge
- caliberBore diameter or quality
munitions · shells · cartridges · explosive · shrapnel · siege · warfare · engagement
Converting data into code
- firewallNetwork access control system
- authenticationConfirming genuine identity
- antivirusMalware detection program
- SSLWeb encryption protocol
VPN · malware · phishing · intrusion · breach · compliance · tokenization · authorization
mortgage
Secured home loan
cap · floor · ceiling · reset · teaser · variable · hybrid · periodic · adjustment · recast
mortgage
Secured home loan
amortization · underwriting · principal · escrow · closing · origination · preapproval · equity · subprime · qualifying
weapons
Tools for fighting
- riflesLong-barreled shoulder firearms
- missilesSelf-propelled guided weapons
- artilleryLarge-caliber battlefield weapons
ammunition · tanks · grenades · mortars · rockets · cannons · howitzers · machine-guns · pistols · shotguns
firepower
Combat weapon effectiveness
- barrageSustained, overwhelming attack
- bombardmentSustained projectile assault
- salvoSimultaneous weapons discharge
caliber · munitions · shells · cartridges · explosive · shrapnel · siege · warfare · engagement · volley
encryption
Converting data into code
- firewallNetwork access control system
- authenticationConfirming genuine identity
- antivirusMalware detection program
SSL · VPN · malware · phishing · intrusion · breach · compliance · tokenization · authorization · biometrics
- broken armCracked bone, shoulder-to-wrist
- open armsWelcoming body language
- right armClosest trusted assistant
- left armNon-dominant limb for most
- arms racesCompeting military buildup cycles
- an arm and a legExtremely high price
arm, armed, arming, unarmed, armless, armful, armpit, armband, armchair