Payment Cap

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Definition: Payment Cap

Payment Cap
Cite Term
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Full Definition of Payment Cap

The maximum amount a monthly payment may increase on an ARM.

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/payment-cap/
Modern Language Association (MLA):
Payment Cap. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 16, 2024 https://payrollheaven.com/define/payment-cap/.
Chicago Manual of Style (CMS):
Payment Cap. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/payment-cap/ (accessed: April 16, 2024).
American Psychological Association (APA):
Payment Cap. PayrollHeaven.com. Retrieved April 16, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/payment-cap/

Definition Sources

Definitions for Payment Cap 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: 16th November, 2021 | 0 Views.