Capped Rate

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Definition: Capped Rate

Capped Rate
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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

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/capped-rate/
Modern Language Association (MLA):
Capped Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 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: April 20, 2024).
American Psychological Association (APA):
Capped Rate. PayrollHeaven.com. Retrieved April 20, 2024
, 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.