Posted Rate definition
Examples of Posted Rate in a sentence
Variable Prime Rate minus one-half percent (-1/2%) charged by Community Savings Credit Union or Closed Terms – Posted Rate minus two percent (2%) for the full amount the employee qualifies for, but the rate never to be below the greater of the Government Prescribed Rate or three percent (3%).
If we provide a Quoted Rate to you and you agree to it, the Quoted Rate will apply to that FX Transaction notwithstanding any Posted Rate or other available Exchange Rate.
If you received a rate reduction below our Posted Rate when you gave us the Mortgage, we will deduct the amount of this rate reduction from the Posted Rate before calculating the difference between the interest rates.
The term you may convert to is: a fixed rate Closed Mortgage having a term of 1 year or longer at the Posted Rate for the term you choose.
The interest rate differential is the difference between the Interest Rate and our Posted Rate on the prepayment date for a mortgage with a term similar to the time remaining in the Term and having the same prepayment options.