Ex rate variant on the balance payment.
2007-12-30 02:03:43 · 11 answers · asked by Anonymous in Education & Reference ➔ Words & Wordplay
rate variant on the balance payment
Variant means a variable quantity, i e a change
A rate variant means that the rate changes. In your case, that contingency is the balance.
A rate variant based on the balance means that the rate is going to change based on the balance of how much you owe (or how much they owe you). They could be referring to the rate of interest, or principal. Read the fine print.
2008-01-03 01:20:04 · answer #1 · answered by maî 6 · 0⤊ 0⤋
It means that the interest rate is different depending on the balance. For example, if only 10% of the balance is paid up, they are going to ask for a higher interest rate, say 10%, if 20% is paid up the rate could be lower like 8%, and so on.
2007-12-30 02:24:27 · answer #2 · answered by reg 5 · 0⤊ 0⤋
This sounds like the finance entity will raise the interest rates on all of your cards if you are late with a payment (to any one of them).
This is true in the US.
2007-12-30 02:10:25 · answer #3 · answered by PeeTee 7 · 1⤊ 0⤋
It means you owe them more than you thought
2007-12-30 02:07:26 · answer #4 · answered by Anonymous · 1⤊ 0⤋
If this is accounts, don't reach that topic as get.
2007-12-30 02:13:04 · answer #5 · answered by zemie 3 · 0⤊ 0⤋
No clue; someone is making up there own codes.
2007-12-30 02:27:03 · answer #6 · answered by what u talkin' bout? 7 · 0⤊ 1⤋
v difficult Q
2007-12-30 02:16:28 · answer #7 · answered by kool dude 3 · 0⤊ 0⤋
is dis accounting?
better ask ur accounting teacher
2007-12-30 02:08:30 · answer #8 · answered by Anonymous · 0⤊ 0⤋
OK. I give up. What does it mean?
2007-12-30 02:07:27 · answer #9 · answered by Truth Seeker 6 · 0⤊ 1⤋
what are you talking about?
i dk what your saying.sorry
2007-12-30 02:07:26 · answer #10 · answered by Kay 2 · 0⤊ 1⤋