teaser rate Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “teaser rate” in the English Dictionary

"teaser rate" in Business English

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teaser ratenoun [C]

uk   us   MARKETING, FINANCE
a low interest rate at the start of a loan designed to encourage people to take out the loan. The rate usually increases later: The loans are initially offered at a teaser rate that is set to rise the following year.
(Definition of teaser rate from the Cambridge Business English Dictionary © Cambridge University Press)
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