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rate-cap

rate-cap
R r

Transcription

    • US Pronunciation
    • US IPA
    • [reyt kap]
    • /reɪt kæp/
    • US Pronunciation
    • US IPA
    • [reyt kap]
    • /reɪt kæp/

Definitions of rate-cap word

  • verb rate-cap In Britain, when a local council was rate-capped, the government prevented it from increasing local taxes called rates, in order to force the council to reduce its spending or make it more efficient. 0
  • countable noun rate-cap A rate cap is a limit placed by the government on the amount of interest that banks or credit card companies can charge their customers. 0
  • verb rate-cap (formerly in Britain) to impose on (a local authority) an upper limit on the level of the rate it may levy 0

Information block about the term

Parts of speech for Rate-cap

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

rate-cap popularity

This term is known only to a narrow circle of people with rare knowledge. Only 7% of English native speakers know the meaning of this word.
According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

See also

Matching words

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