Business / Debt / Interest Cap: The maximum interest rate increase of an Adjustable Mortgage Loan. For example: a 120% loan with a 5% interest rate cap would have maximum interest for the life of the loan which would not exceed 17%.
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Cap Verb Synonyms: surpass, outdo, outstrip, better, beat, exceed, top, excel
Cap Noun Synonyms: hat, head covering
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Interest Adjective Synonyms: concern, significance, importance, weight, moment, note, consequence
Interest Noun Synonyms: attention, attentiveness, concern, regard, curiosity, scrutiny, notice, engagement
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Business / Finance / Long-Term Debt As A Percent Of Total Capital: Long-term debt including capitalized leases expressed as a percentage of total capital (common and preferred stock plus long term debt). It reflects the use of leverage by the company. MORE
Business / Taxes / Long-Term Capital Gain (Or Loss): When you sell a capital asset that you have owned for more than a year at a higher price than you paid to buy it, any profit on the sale is considered a long-term capital gain. If you sell for less th MORE
Business / Finance / Leveraged Recapitalization: Often used in risk arbitrage. A public company takes on significant additional debt with the purpose of either paying an extraordinary dividend or repurchasing shares, leaving the public shareholders MORE
Business / Finance / Long-Term Debt-Capitalization: Indicator of financial leverage. Shows long-term debt as a proportion of the capital available. Determined by dividing long-term debt by the sum of long-term debt, preferred stock and common stockhold MORE
Business / Finance / Marginal Efficiency Of Capital: The percentage yield earned on an additional unit of capital. MORE