What is the meaning of fully indexed note rate?

fully indexed note rate is the total interest rate of an adjustable rate loan consisting of the rate of the governing index plus the gross margin above (or below) that rate.

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APABarry Goldsmith. (2010). fully indexed note rate. Retrieved October 2, 2026, from http://smartdefine.org/fully_indexed_note_rate/definitions/1154681
ChicagoBarry Goldsmith. 2010. "fully indexed note rate" http://smartdefine.org/fully_indexed_note_rate/definitions/1154681 (accessed October 2, 2026).
HarvardBarry Goldsmith 2010, fully indexed note rate, Smart Define, viewed 2 October, 2026, <http://smartdefine.org/fully_indexed_note_rate/definitions/1154681>.
MLABarry Goldsmith. "fully indexed note rate" 21 October 2010. Web. 2 October 2026. <http://smartdefine.org/fully_indexed_note_rate/definitions/1154681>