Back Forward Glossary A-Z Index Close Window Back to Top Close Window
Questions?
  Glossaryprint
A | B | C | D | E | F | G | H | I | J | K | L | M | N |
O | P | Q | R | S | T | U | V | W | X | Y | Z |
1 | 3 | 4 | 5

Definitions by InvestorWords.com
  What is...?
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. Also, an abbreviation for capitalization, as in market cap. see also capped-style option, interest rate cap, lifetime cap.
Copyright ©2009 by InvestorGuide.com.
All Rights Reserved.