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English definition of “cap”

cap

verb [T often passive] (LIMIT)    /kæp/ (-pp-)
C1 to put a limit on the amount of money that can be charged or spent in connection with a particular activity: High spending councils have all been (rate/charge) capped. Our mortgage is capped at 8.75 percent for five years.Limiting and restrictingPreventing and impedingNegotiating prices
(Definition of cap verb (LIMIT) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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