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Finance & Banking vocabulary · Interest & Exchange Rates

Reset date

Meaning in finance & banking, with examples

nounAdvanced term

In finance & banking, reset date means: The date on which a variable interest rate is updated using its specified reference terms.

In Turkish: faiz yenileme tarihi

How it is used

Distinguish the reset date from the payment date and final maturity.

Example sentences

  1. The mortgage rate will be recalculated on the next reset date.

    The rate changes at a contractual repricing point.

  2. Treasury mapped each reset date to estimate next quarter's interest expense.

    Reset timing affects when market rates enter borrowing costs.

Common collocations

  • next reset date
  • quarterly reset date
  • variable rateAn interest rate that can go up or down during a loan or deposit term, usually because it follows a benchmark rate.
  • maturityThe date when a loan, deposit or bond ends and the principal must be repaid, or the length of time until that date.

More terms: Interest & Exchange Rates

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This page explains English vocabulary for learners. It is not financial advice.