A loan in which over time the payments gradually increase at a predetermined rate. For example a mortgage with a fixed rate loan that starts with low monthly payments, which will increase by a fixed amount of a certain predefined number of years.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser