English version

capped-rate mortgage

From Longman Business Dictionarycapped-rate mortgageˌcapped-rate ˈmortgageFINANCEBANKING a mortgage in which the interest rate can change, but cannot go above a certain value that is fixed at the time when the loan is taken out mortgage
Pictures of the day
Do you know what each of these is called?
Click on the pictures to check.