Ceiling
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The highest price, interest rate, or other numerical factor allowable in a financial transaction. |
Related Terms: | ||
Collar An upper and lower limit on the interest rate on a floating-rate note or an adjustable-rate ... Key Rate Interest rate fixed by the Federal Bank for the issuance of Federal Bank money. ... Risk Free Rate The interest chargeable on Treasury Bills (T-Bills) is generally known as the Risk Free Rate, and ... |
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