Definition:
Interest Rate Cap
Back to Finance Glossary | Previous Page
An interest rate cap is a ceiling interest rate imposed on a loan.Interest rate caps are designed to protect the borrower from an unacceptable rise in the interest rate.
Latest Articles Related to Interest Rate Cap
Back to Finance Glossary | Previous Page
This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.
