Payment Cap

Business / Debt / Payment Cap: A Payment Cap is the maximum amount for a payment under an Adjustable Mortgage Loan, regardless of the increase in the interest rate. If the payment is less than the interest alone, negative amortization is created.

Other Words for Cap

Cap Verb Synonyms: surpass, outdo, outstrip, better, beat, exceed, top, excel
Cap Noun Synonyms: hat, head covering
MORE

Molar Heat Capacity

Science / Chemistry / Molar Heat Capacity: The heat required to raise the temperature of one mole of a substance by 1°C is called the molar heat capacity of the substance. Molar heat capacity is an intensive property with SI system units of J MORE

Milling Capacity

Science / Geology / Milling Capacity: The maximum amount of material that a mill can produce in a unit of time. MORE

Midcap Spdrs

Business / Finance / Midcap Spdrs: This is the same as a SPDR, except that the index it tracks is Standard & Poor's Midcap 400. This SPDR also trades on the AMEX, under the symbol MDY. MORE

Morgan Stanley Capital International (MSCI)

Business / Finance / Morgan Stanley Capital International (MSCI): Publisher of a number of well-known benchmarks, such as the MSCI World Index. MORE

Morgan Stanley Capital International Indexes

Business / Taxes / Morgan Stanley Capital International Indexes: These indexes are computed by the investment firm Morgan Stanley's Capital International group (MSCI). They track stocks traded in international stock markets, and are considered the benchmarks for in MORE

Multifactor CAPM

Business / Finance / Multifactor CAPM: A version of the capital asset pricing model derived by Robert Merton that includes extra-market sources of risk referred to as factors. Related: Arbitrage pricing theory. MORE

Links
Home
Glossary
Thesaurus