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ceiling
(redirected from Interest-Rate Cap)

    Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia 0.01 sec.
ceiling noun acme, altitude, apex, apogee, climax, extreme, extremity, farthest point, height, highest degree, highest point, limit, maximum, optimum, peak, pinnacle, record, roof, summit, tectum, top, ultimate, utmost, uttost extent, utmost height, uttermost, vertex, zenith
Associated concepts: maximum income ceiling, maximum rent ceiling
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19, 2009 (CENS) -- To alleviate the impact of the proposed cap on the interest rates of credit- and cash-card debts, the banking sector is pushing the adoption of weighted method in the calculation of the interest-rate cap, instead of a fixed uniform ceiling.
Banks push weighted calculation for proposed card interest cap by The Taiwan Economic News
This year, however, an interest-rate cap may get a different reception because there is a more active movement supporting one and because of a new federal law that limits annual interest rates charged to active-duty military personnel to 36 percent.
Lawmaker says recusal unneeded on loan bills by Sanders, Bob / New Hampshire Business Review
The product offers seven- or 10-year initial surrender periods, the choice of a fixed or indexed account, annual reset, credited interest linked, in part to the performance of the S&P 500 Index during the prior contract year, a higher interest-rate cap for contract values of $50,000 or more, and an annuity value bonus of 2% upon annuitization on or after the 10th contract anniversary.
Protective Life Insurance Co by Panko, Ron / Best's Review
 
 
 
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