Capped Rate: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Capped Rate

  • an interest rate on a loan that may change, but cannot be greater than an amount fixed at the time when the loan is taken out by a borrower

Additional Resources

Coventry to Flexx; NEW PRODUCT: capped mortgage.
COVENTRY Building Society has launched Flexx, a capped mortgage, for first-time buyers, house movers and remortgagers. It is capped at 1 percentage point above the Bank of England base rate (currently 3.75 per cent) until March 2009. This gives a starting rate of 4.75...
Tags: Bank of England, FINANCE, Investment, Mortgages, redemption, valuation
Research articles 2004-01-08
Tracker for life that will stay at same rate for three years.
DUNFERMLINE Building Society has launched a lifetime tracker mortgage guaranteed not to go above 6.09 per cent for three years. The product has been set at 0.74 percentage points above the Bank of England base rate and is capped at 6.09 until 31 May 2007,...
Tags: Bank of England, FINANCE, Mortgages
Research articles 2004-06-10
Finding out the best way to rate a rate.
ALONG with the extensive range of different types of mortgage products available in the market today, there are a bewildering number of choices in terms of interest payment. A Leaving aside the many fixed rate and capped deals -" which could be the subject...
Tags: Bank of England, FINANCE, Libor, Mortgages
Research articles 2006-05-18
L&C backs 'market leading' Coventry loan.(London & Country Mortgages Ltd.)(Brief Article)
A NEW capped mortgage from Coventry Building Society has been praised as "market leading" by David Hollingworth. Mr Hollingworth, head of communications for London & Country Mortgages, said the capped rate of 5.89 per cent was "very competitive" and would be popular in the...
Tags: Bank of England, FINANCE, mortgage, Mortgages, Mr.
Research articles 2004-09-09
Dec. jobless rate fell and wages rose
Businesses created more jobs than forecast last month and fattened workers' paychecks, a Labor Department report released yesterday showed. The picture for December capped a year in which the U.S. unemployment rate averaged a six-year low of 4.6 percent, suggesting that the economy was holding up well despite a slowdown...
Tags: Digital Equipment Corp., Federal Reserve Board, FINANCE, inflation, job, salary, unemployment, worker
Research articles 2007-01-06
Colorado Springs Financial Briefs: January 11, 2008
Long-term capital gains rate expected to increase Tad Goodenbour, tax partner with BKD, said the impending election will have a lot of speculative effect on the economy. "The general consensus is that taxes will go up -- specifically the long-term capital gain rate," he said. "Currently,...
Tags: exemption, FINANCE, financial, Internal Revenue Service, Taxes, Wachovia Corp.
Research articles 2008-01-11
ACCC proposes to authorise revised capped fees for the Canberra After Hours Locum Medical Service.
M2 PRESSWIRE-6 October 2006-ACCC: ACCC proposes to authorise revised capped fees for the Canberra After Hours Locum Medical ServiceC1994-2006 M2 COMMUNICATIONS LTD RDATE:06102006 The Australian Competition and Consumer Commission has issued a draft decision proposing to grant authorisation* to a revised...
Tags: Australian Competition and Consumer Commission, Canberra
Research articles 2006-10-06
ACCC authorises revised capped fees for the Canberra After Hours Locum Medical Service.
M2 PRESSWIRE-19 January 2007-ACCC: ACCC authorises revised capped fees for the Canberra After Hours Locum Medical ServiceC1994-2007 M2 COMMUNICATIONS LTD RDATE:19012007 The Australian Competition and Consumer Commission has granted authorisation to the Canberra After Hours Locum Medical Service CALMS to...
Tags: Australian Competition and Consumer Commission, Canberra, HEALTHCARE
Research articles 2007-01-19
Indirect.(Direct & Database)
USPS governors OK pricing regulations U.S. Postal Service Governors announced last month that future postal prices will be adjusted using new regulations issued by the Postal Regulatory Commission on Oct. 29. Under those regulations, price increases will be capped at the rate of inflation....
Tags: database, Government, Governor, MARKETING, Pitney Bowes Inc., regulation, Regulations, U.S. Postal Service
Research articles 2007-12-10
CanArgo Energy Corporation: N100 Well Capped
TBILISI, Georgia -- CanArgo Energy Corporation (AMEX: CNR)(OSE: CNR) today announced that it has now capped the N100 well on the Ninotsminda Field in Georgia that had experienced a blow-out on September 10, 2004. The situation is now under control.
Research articles 2004-09-13
Mobile roaming fees capped at 10 times UK rate
The cost of making mobile phone calls in Europe is set to fall substantially thanks to a decision to cap roaming charges. Members of the European Parliament voted to back new laws to slash prices by up to 75 per cent for customers travelling abroad. Brussels has...
Tags: European Parliament, MARKETING, mobile, U.K.
Research articles 2007-05-27
Low-deposit lender caps rate.(First Permanent Group)(Brief Article)
Mar 09, 2005 (The Australian Financial Review - ABIX via COMTEX) Australian mortgage lender First Permanent Group has arranged an interest rate cap offer for borrowers. Under the cap, borrowers can benefit from any falls in interest rates in the next three years. At the...
Tags: borrower, FINANCE, Merrill Lynch & Co. Inc.
Research articles 2005-03-09
ACCC proposes to authorise capped fees of Canberra After Hours Locum Medical Service.
M2 PRESSWIRE-20 May 2005-ACCC: ACCC proposes to authorise capped fees of Canberra After Hours Locum Medical ServiceC1994-2005 M2 COMMUNICATIONS LTD RDATE:20052005 The Australian Competition and Consumer Commission has issued a draft determination proposing to grant authorisation* to the Canberra After...
Tags: Australian Competition and Consumer Commission, Benefits, Canberra, HEALTHCARE, SOFTWARE
Research articles 2005-05-20
ACCC to authorise capped fee structure for the Canberra After Hours Locum Medical Service.
M2 PRESSWIRE-30 June 2005-ACCC: ACCC to authorise capped fee structure for the Canberra After Hours Locum Medical ServiceC1994-2005 M2 COMMUNICATIONS LTD RDATE:30062005 The Australian Competition and Consumer Commission will grant authorisation* to the Canberra After Hours Locum Medical Service CALMS ...
Tags: Australian Competition and Consumer Commission, Canberra, MARKETING, Pricing
Research articles 2005-06-30
Figo proud at becoming Portugal's most capped player
LISBON AFP — Luis Figo says he is proud to have became Portugal's most capped player after he emerged from a short-lived retirment to take part in the team's 2-0 home win over Slovakia in a World Cup qualifier. "I am not here to break records but to help...
Tags: Agence France-Presse, Portugal, Slovakia, team
Research articles 2005-06-05
Price caps give rivals a fare go, says Air NZ.
May 13, 2003 (The Australian - ABIX via COMTEX) In its latest attempt to placate regulatory commissions, Air New Zealand has offered concessions of capped fares for Tasman routes. The Australian Competition & Consumer Commission's ACCC concerns about a possible monopoly prompted it to...
Tags: Australian Competition and Consumer Commission, concession, fare, Qantas Airways Ltd., SALES
Research articles 2003-05-14
Murray becomes Scotland's most capped player
EDINBURGH AFP — Lions lock Scott Murray became the most capped player in Scotland's rugby history when he started Saturday's Six Nations international against Ireland. The Murrayfield clash was Murray's 83rd appearance, taking him past previous record-holder Gregor Townsend. Murray, 31, has been virtually ever-present in the Scots...
Tags: Agence France-Presse, Scotland
Research articles 2007-03-10
Tough battle to "get Delta".
Apr 04, 2002 Traveltrade ABIX via COMTEX -- In the past seven years, US airlines have on six separate occasions reduced or capped the commissions they give to travel agents. Hence it came as no surprise to US travel agents when Delta Air Lines,...
Tags: agent, commission, Delta Air Lines Inc., SALES
Research articles 2002-04-03
Eavesdropping songbird gets heads-up on predators: study
CHICAGO AFP — When the black-capped chickadee chirps out a warning of predators closing in, not only its closest feathered friends pay attention. The red-breasted nuthatch, another small native North American songbird, is also listening in and can interpret the finer points of the chickadees' early warning system. ...
Tags: Agence France-Presse
Research articles 2007-03-19
Rugby union player Thomas to become most-capped Welshman
SYDNEY AFP — Gareth Thomas will become Wales' most capped player when he represents his country for the 93rd time in the first of two rugby Tests against Australia here on Saturday. Thomas leads the Welsh from the right wing with Chris Czekaj on the other flank in his...
Tags: Agence France-Presse, FINANCE, Games
Research articles 2007-05-23