maximum

capped floating rate note
periodic interest rate cap

Definition

noun
the largest possible number, price or quantity
ExampleIt is the maximum the insurance company will pay.
(NoteThe plural is maxima or maximums.)
Usage
up to a maximum of £10
no more than £10
Usage
to increase exports to the maximum
to increase exports as much as possible
adjective
largest possible
Examples40 per cent is the maximum income tax rate or the maximum rate of tax. • The maximum load for the truck is one ton. • Maximum production levels were reached last week.
Usage
to increase production to the maximum level
to increase it as much as possible

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