Typically based on a particular money market rate or the average interest rate in a particular trading market, different index rates are used for each type of loan. In the United States, for example, the prime rate is the most common factor used to determine interest rates for variable rate loans.
Edward Teller (1908-2003) was a Hungarian-born American theoretical physicist. Teller, along with Leo Szilard and Eugene Wigner, helped urge President Roosevelt to develop an atomic bomb program in the United States. Teller joined the Los Alamos Laboratory in 1943 as group leader in the Theoretical Physics Division.
The Teller Amendment Senator Henry M. Teller, a Republican from Colorado (who had switched parties after leading a revolt against the dominant gold-favoring party wing at the 1896 Republican National Convention) proposed the amendment to ensure that the United States would not establish permanent control over Cuba following the cessation of hostilities with Spain.