Financial Products

noun a thing offered, especially as a gift or contribution

verb presenting something as a gift or sacrifice

• The company is considering expanding their product offering to attract more customers.
• I heard the new restaurant down the street has a great lunch offering.
• I'm always down for a free offering of snacks at a party.
• Her offering of support during a difficult time was greatly appreciated.

noun a type of mortgage loan where the interest rate can change periodically based on changes in a specified financial index

• Many homeowners choose an adjustable rate mortgage because it offers a lower initial interest rate compared to a fixed-rate mortgage.
• I heard that an adjustable rate mortgage might be a good option for people looking to save money on their monthly payments.
• Yo, my cousin just got an ARM and now his mortgage payments are way lower.
• An adjustable rate mortgage is like a rollercoaster for your finances, with unpredictable twists and turns in interest rates.