Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Term of the Day - interest rate cap

    Lobo
    Lobo
    Moderator
    Moderator


    Posts : 28411
    Join date : 2013-01-12

    Term of the Day - interest rate cap Empty Term of the Day - interest rate cap

    Post by Lobo Sun 21 Jun 2015, 8:06 pm

    Term of the Day
    interest rate cap
    provision of an adjustable rate mortgage limiting how much interest rates may increase in asingle adjustment period.
    An options contract which puts an upper limit on a floating exchange rate. The writer of the caphas to pay the holder of the cap the difference between the floating rate and the reference ratewhen that reference rate is breached. There is a premium to be paid by the buyer of such a contract in order to gain the certainty of a maximum payout.

      Current date/time is Fri 29 Mar 2024, 3:13 am