life-of-loan cap

life-of-loan cap
фин., банк. максимальная ставка на время займа* (в кредитах с плавающей процентной ставкой: максимальная ставка, которая может быть установлена по кредиту за все время его действия)
Syn:
See:

Англо-русский экономический словарь.

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  • Life Cap — The maximum amount that the interest rate on an adjustable rate loan can increase over the term of the loan. A life cap can be expressed as an absolute interest rate such as a maximum lifetime rate of 12%, which is called an interest rate ceiling …   Investment dictionary

  • Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …   Wikipedia

  • Periodic Interest Rate Cap — A part of an interest rate cap structure on loans and mortgages. The periodic interest rate cap limits the amount by which the interest rate on an adjustable rate loan can adjust at specified adjustment dates. For example, an adjustable rate… …   Investment dictionary

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  • Universal life insurance — Universal Life is a type of permanent life insurance based on a cash value. That is, the policy is established with the insurer where premium payments above the cost of insurance are credited to the cash value. The cash value is credited each… …   Wikipedia

  • Adjustable-rate mortgage — A variable rate mortgage, adjustable rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit… …   Wikipedia

  • Emory University — Infobox University name=Emory University caption= Emory University Seal motto= la. Cor prudentis possidebit scientiam (The wise heart will possess knowledge, Proverbs 18:15) established=1836cite web|url=http://www.emory.edu/PROVOST/IPR/AP2006… …   Wikipedia


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