Capped Rate

Business, Legal & Accounting Glossary

Definition: Capped Rate


Capped Rate


Full Definition of Capped Rate


verb a mortgage rate which is guaranteed not to go above a certain level for a set period of time, although it can move downwards a mortgage rate which is guaranteed not to go above a certain level for a set period of time, although it can move downwards


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https://payrollheaven.com/define/capped-rate/
Modern Language Association (MLA):
Capped Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
August 12, 2022 https://payrollheaven.com/define/capped-rate/.
Chicago Manual of Style (CMS):
Capped Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/capped-rate/ (accessed: August 12, 2022).
American Psychological Association (APA):
Capped Rate. PayrollHeaven.com. Retrieved August 12, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/capped-rate/

Definition Sources


Definitions for Capped Rate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.