Meaning of “CAT standard” in the English Dictionary

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"CAT standard" in Business English

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CAT standardnoun [ singular ]

uk us

GOVERNMENT, FINANCE abbreviation for reasonable Charges, easy Access and fair Terms; in the UK, a government standard for investment products:

A variable rate needs to be within 2% of base rate to meet the CAT standard.

(Definition of “CAT standard” from the Cambridge Business English Dictionary © Cambridge University Press)