cap
Definition 1
The highest interest rate that can be paid on a floating-rate bond, or the highest rate that an adjustable rate mortgage can rise to in a specified period of time.
Definition 2
An abbreviation for capitalization, as in market cap.
The highest interest rate that can be paid on a floating-rate bond, or the highest rate that an adjustable rate mortgage can rise to in a specified period of time.
Definition 2
An abbreviation for capitalization, as in market cap.
Mentioned in these terms
Popular 'Bonds' Terms
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