capped rate
noun[C]
ukusFINANCE,PROPERTY
aninterestrateon aloanthat will notriseabove anagreedratefor anagreedperiodoftime:
Acappedrateguaranteesyourmortgagewill notriseabove acertainlevel.
单词 | capped rate |
释义 | capped rate noun[C] ukusFINANCE,PROPERTY aninterestrateon aloanthat will notriseabove anagreedratefor anagreedperiodoftime: Acappedrateguaranteesyourmortgagewill notriseabove acertainlevel. capped-rate adjective[before noun] ukusFINANCE,PROPERTY a capped-rateloanis one with aninterestratethat will notriseabove anagreedratefor anagreedperiodoftime: a capped-ratemortgage/loan If the home-buyerwantssecurityagainstrisingratesthere are manycapped-ratedealsaround. |
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