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Meaning / Definition of
Interest Rate Ceiling
Categories: Loan and Mortgage, Credit and Debt, Real Estate,
The highest interest rate possible under an ARM contract; same as "lifetime cap." It is often expressed as a specified number of percentage points above the initial interest rate. See Information to Evaluate an adjustable rate mortgage.
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Definition / Meaning of
Sarbanes-Oxley Act (SARBOX, SOX, SOx) Of 2002
Categories: Insurance,
removed
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