cap verb Meaning in Cambridge Business English Dictionary
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Meaning of "cap" - Business English Dictionary

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cap

verb [T, often passive]
 
 
/kæp/ (-pp-)
to put an upper limit on the amount of money that can be spent or charged in connection with a particular activity: Annual expenses on each fund will be capped at 1.25%. →  See also cap and trade
(Definition of cap verb from the Cambridge Business English Dictionary © Cambridge University Press)
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