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English definition of “cap”

cap

noun [C] (LIMIT)    /kæp/
a limit on the amount of money that can be charged or spent in connection with a particular activity: Central government has imposed a cap on local tax increases.Limiting and restrictingPreventing and impedingNegotiating prices
(Definition of cap noun (LIMIT) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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