Interest rate cap

From ACT Wiki
Revision as of 13:55, 9 October 2013 by imported>Doug Williamson (Category added 9/10/13 and spacing)
Jump to navigationJump to search

An agreement whereby the seller of the cap agrees to compensate the buyer if interest rates rise above an agreed rate on a series of pre-agreed dates.


See also

Retrieved from ‘https://wiki-dev.treasurers.org/w/index.php?title=Interest_rate_cap&oldid=27744’