capped rate
noun [ C ]
ukus FINANCE, PROPERTY
an interest rate on a loan that will not rise above an agreed rate for an agreed period of time:
A capped rate guarantees your mortgage will not rise above a certain level.
单词 | capped rate |
释义 | capped rate noun [ C ] ukus FINANCE, PROPERTY an interest rate on a loan that will not rise above an agreed rate for an agreed period of time: A capped rate guarantees your mortgage will not rise above a certain level. |
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