Meaning / Definition of
Caps
Categories: Loan and Mortgage,
A set percentage amount by which an adjustable rate mortgage may adjust each adjustment period. For adjustable loans, caps are usually quoted as two numbers as in 2/6. The first number indicates how much a loan may adjust at each adjustment period while the second number indicates how much a loan may adjust over its lifetime.
Featured term of the day
Definition / Meaning of
Credit Default Swap
Categories: Insurance, Credit and Debt, Investing and Trading, Statistics and Risk Management, Stocks,
removed
Most popular terms
1. Sarbanes-Oxley Act (SARBOX, SOX, SOx) Of 20022. Erection All Risks (EAR) Insurance
3. Pension Protection Act Of 2006
4. Individual Retirement Arrangement (IRA)
5. Inflation-adjusted Principal
6. Severance Pay
7. Limited Severability Provision
8. Highest And Best Use
9. Lump-sum Distribution
10. Budapest Stock Exchange (BSE)
Search a term
Browse by alphabet
| 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 | # |
Browse by category
AccountingBanking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital