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cap |
Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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Cap An upper limit on the interest rate on a floating-rate note (FRN) or an adjustable-rate mortgage (ARM). Also, an OTC derivatives contract consisting of a series of European interest rate call options; used to protect an issuer of floating-rate debt from interest rate increases. Each individual call option within the cap is called a caplet. Opposite of a floor.
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There had been doubt about whether Livingston had dislocated his knee or dislocated his knee cap. According to orthopedists who treat dancers, the deeper arc of a grand plie places stress on the knee cap. In a total knee replacement, up to three bone surfaces may be replaced--the lower ends of the thigh bone; the top surface of the shin bone; and/or the back surface of the knee cap (Fig. |
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Knee Cap
