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    Definition of Interest Rate Cap
    Stockbrokers

    Interest Rate Cap

    An "interest rate cap" is an interest rate ceiling in a loan where the interest rate can not exceed a specific rate. Interest rate caps are often found in adjustable rate mortgages.

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    Zero-Coupon Bond
    A "zero-coupon bond" refers to a security that doesn't pay interest currently. It is initially... more
    Zero-Coupon Convertible
    A "zero-coupon convertible" is a zero-coupon bond issued by a corporation that can be converted... more
    Zoning
    "Zoning" refers to municipal and government laws based on the control of specific land within a... more
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    Questions & Answers

    Why do companies do stock splits?

    Companies split their stock to reduce the...Read More

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    Word of the Day

    Parent Company

    A "parent company" refers to a company that can control a majority-owned or 100% owned...

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