Printer Friendly
The Free Dictionary
905,652,471 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Interest Rate Ceiling

    0.01 sec.
Interest Rate Ceiling
The absolute maximum rate of interest that a financial institution can charge for an adjustable rate mortgage or loan.

Notes:
This is regulated by the government. When a borrower is charged interest above the established legal rate they are usually dealing with a loan shark.

Interest rate ceiling
See: Interest rate cap
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
In South Korea, 14 banks were suspended, the interest rate ceiling was raised and measures were taken to liberalize financial markets to make it more market-driven and less susceptible to political intervention or corruption.
MASSIVE DEBT, BAD LOANS BROUGHT GROWTH TO A HALT by Daily News (Los Angeles, CA)
Interest rate ceilings and/or floors may also be implemented for FRN issuance, as outlined in the corresponding pricing supplement.
Fitch Rates Four Winds Funding LLC's Floating-Rate Notes 'F1' by Business Wire
The interest rate ceiling on deposits slowly phased out.
IN SEARCH OF FREE CHECKING : IT'S TRUE THAT INSTITUTIONS DON'T CHARGE ... by Daily News (Los Angeles, CA)
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.