Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “capped rate”

capped rate

noun [C]
 
 
FINANCE, PROPERTY an interest rate on a loan that will not rise above an agreed rate for an agreed period of time: A capped rate guarantees your mortgage will not rise above a certain level.
(Definition of capped rate noun from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of capped rate?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “capped rate”

Word of the Day

roost

When birds roost, they go somewhere to rest or sleep.

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More