Meaning CAP: An upper limit on the interest rate on a floating-rate note (FRN) or an adjustable-rate mortgage (ARM)
More terms such as Cap in Dictionary C.
- Definition Cost Of Equity:
- Examples The required rate of return for an investment of 100% equity cap definition.
- Definition Cashbook:
- Examples An accounting book that is composed of cash receipts plus disbursements. This balance is posted to the cash account in the ledger cap explain.
- Definition Call Price:
- Examples The price, specified at issuance, at which the issuer of a bond may retire part of the bond at a specified call date cap what is.
- Definition Clearing House Interbank Payments System (CHIPS):
- Examples An international wire transfer system for high-value payments operated by a group of major banks cap meaning.
- Definition Cold-Calling:
- Examples Calling potential new customers in the hope of selling stocks, bonds or other financial products and receiving commissions cap abbreviation.