Home
E-Mail
Latest

Cap at Business Glossary

What is it? An upper limit on the interest rate on a floating-rate note.

Business Dictionary Term Definition Added By: Bailey

The Cap definition has been viewed 473 Time(s)!




Send To Friends!

If you'd like to send the Cap definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Cap. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Business Terms:

Business Term Transit Zone is An area in a port of entry in a coastal country that is established as a storage and distribution center for the convenience of a neighboring country which lacks adequate port facilities or access to the sea.

Business Term Restricted Letter of Credit is A letter of credit which restricts negotiation to the bank the issuing bank has nominated in the credit.

Business Term Total Cash Flow of the Firm is Total cash inflow minus total cash outflow.

Business Term Customs is The government service which is responsible for the administration of Customs law and the collection of duties and taxes relating thereto, and which has responsibility for the application of other laws and regulations relative to the importation , transit, and exportation of goods.

Business Term Tariff War is (Customs) When one nation increases the tariffs on goods imported from, or exported to another country, and that country then follows by raising tariffs itself in a retaliatory manner.