ceiling

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Related to Interest-Rate Caps: Interest rate floor

ceiling

Vox populi A maximum, upper limit. See Glass ceiling, Nondisclosure ceiling.
References in periodicals archive ?
Considering the amount of the interest-rate cap ($250), our businessman decided not to provide against the carrying amount.
Under the pessimistic scenario (HC and FV), should the relationship between the value of the interest-rate cap and the interest payable on the variable rate borrowing be reflected in some way in the balance sheet?