What Does Cap Mean in Financial Terms
A Cap Is an Interest Rate Limit on a Variable Rate Credit Product. It Is the Highest Possible Rate a Borrower May Have to Pay and Also the Highest Rate a...
A cap is an interest rate limit on a variable rate credit product. It is the highest possible rate a borrower may have to pay and also the highest rate a creditor can earn. Interest rate cap terms will be outlined in a lending contract or investment prospectus.
What does cap stand for in business?
Corporate Action Plan (various businesses) CAP.
What is a cap limit?
A quantitative limit on the funds or securities transfer activity of a participant in a system. Limits may be set by each individual participant or imposed by the entity managing the system. Limits can be placed on system participants’ net debit and/or net credit positions. ( European Central Bank)
Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.
