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Definition of

rate cap


upper limit an upper limit such as on a rate of interest for a loan.

Related definitions of "rate cap"

  • Also called cap

Definitions of ’rate cap’ and meaning of ’rate cap’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’rate cap’ and other financial terms with our online QFINANCE Financial Dictionary.

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