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Türkçe - İngilizce

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used especially of front teeth having artificial crowns; "capped teeth gave her a beautiful smile"

When a rail or ledge has caps fitted that makes it impossible to grind

This refers to a capped rate mortgage which is a cross between a fixed rate and a variable rate mortgage The interest rate will never rise above a certain rate within what is known as the capped rate period If the usual variable mortgage rate is less than the capped rate then the borrower is charged that variable rate Such a mortgage is attractive as the borrower can benefit from falling interest rates but will not have to pay more than the capped rate Along with the term capped rate the phrase cap and collar mortgages is often encountered The 'collar' is the minimum interest rate, whilst the maximum interest rate payable is known as the 'cap' As these mortgages involve the lender having to source funds it is usual for early redemption penalties to be imposed if the mortgage is redeemed within a capped rate period

past of cap

An arrangement with your bank or building society which provides an upper limit to the interest rate which can be charged If the standard variable rate is lower than the upper limit you will be charged the lower rate but if the standard variable rate is higher than the capped rate you will only be charged the agreed rate This is usually offered for a fixed term and allows you to budget your finances At the end of this period the interest rate will revert to the standard variable rate at that time

an adjustable-rate mortgage that limits how much the interest rate or mortgage payments may increase or decrease cash-out refinance a refinancing deal in which the borrower receives more cash than he or she needs to pay off the mortgage The money can be used for any purpose cat standards CAT stands for fair Cost, Access and Terms The government belatedly brought these voluntary rules in to provide fair mortgages and investment products chain a chain of buyers and sellers dependent on each other to complete at the same time charge the term used for the security that the lender relies on when granting a mortgage

covered as if with a cap or crown especially of a specified kind; "cloud-capped mountains"; "snow-capped peaks"

used especially of front teeth having artificial crowns; "capped teeth gave her a beautiful smile

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