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.
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.