[] ( ˈcap rate) () a rate of interest that is used to help estimate the present value of an investment that will provide an income over a long period of time, such as a business or a property 资本化率,资本报酬率(用於预测投资现值的利率)◆It is important to choose an appropriate capitalization rate when valuing the land. 选择合适的资本化率对土地估价是很重要的。