Business Terms and Jargon Explained

What is Capped Rate

A capped rate on a mortgage in the maximum interest rate the lender will charge for the period specified. If the Bank of England base rate increases above the capped rate, you will still not be charge over the capped rate.

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Lessee LINK Export
Decruit Abscond Net Book Value
Naira Quaere Residue
Exempt Supply Cost per Action VRN
Non est factum Public trustee Working Population
Prudent Aggregate holding company IPO
Indicia REDS N9C Civil Court form
Net Pay Derivative action Franchise
Expert witness Leu Labour
BYOD Touch base UN
Shareholder agreement Aggregate Supply Dongle
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Competitive Advantage Objects clause Information Commissioner

Term created / updated 2013-07-02 11:08:29

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