capped-rate adjective Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "capped-rate" - Business English Dictionary

capped-rate

adjective [before noun]
 
 
FINANCE, PROPERTY a capped-rate loan is one with an interest rate that will not rise above an agreed rate for an agreed period of time: a capped-rate mortgage/loan If the home-buyer wants security against rising rates there are many capped-rate deals around.
(Definition of capped-rate adjective 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
dole

the money that the government gives to people who are unemployed

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

responsible luxury noun
responsible luxury noun
August 03, 2015
high-end, green tourism and hospitality Jumeirah’s ‘responsible luxury’ approach is an example of a sustainable travel experience – future guests will enjoy the environment as much as today’s.

Read More