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Related to Interest-Rate Caps: Interest rate floor
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  • noun

Synonyms for ceiling

the greatest amount or number allowed

Synonyms for ceiling

the overhead upper surface of a covered space

(meteorology) altitude of the lowest layer of clouds

an upper limit on what is allowed


maximum altitude at which a plane can fly (under specified conditions)

References in periodicals archive ?
However, the banks" net interest margins will likely decline, due to the regulator"s imposition of interest-rate caps on retail lending and banks" increased exposure to lower-yielding project finance lending.
However, in order for a bill to get to Gottesman, it has to go through the House Commerce Committee, and there interest-rate caps will have a tougher reception.
Still, the money-lending industry is calling for the abolition of interest-rate caps.
Although she briefly explained the methodology used in valuing interest-rate caps, and call options written, and forward contracts, our businessman was not totally convinced at this stage the resulting estimates of fair value were reliable enough for "public consumption." Nevertheless, he wrote down the numbers she gave him, entered them on the balance sheets, and concluded that he would need to talk to his auditor.
Interest-Rate Caps and Floors--Rate caps, on the other hand, provide upside protection, or "fire insurance," for the variable-rate borrower against an unexpected rise in short-term rates.