CAPPED


Meaning of CAPPED in English

capped /kæpt/ BrE AmE adjective [only before noun]

if you borrow an amount of money at a capped rate of interest, the rate is not allowed to rise, but it is allowed to come down ⇨ fixed-rate :

capped rate mortgage deals

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.