Glossary entry (derived from question below)
May 14, 2008 10:42
15 yrs ago
26 viewers *
English term
Cap
English to Arabic
Bus/Financial
Real Estate
I need appropriate translation for the term "cap" which is used in a real estate management software, and here are two definitions:
1-A provision of an adjustable-rate mortgage (ARM) that limits how much the interest rate or mortgage payments may increase or decrease. See lifetime payment cap, periodic payment cap, and periodic rate cap.
2-Adjustable Rate Mortgages have fluctuating interest rates, but those fluctuations are usually limited to a certain amount. Those limitations may apply to how much the loan may adjust over a six month period, an annual period, and over the life of the loan, and are referred to as "caps." Some ARMs, although they may have a life cap, allow the interest rate to fluctuate freely, but require a certain minimum payment which can change once a year. There is a limit on how much that payment can change each year, and that limit is also referred to as a cap.
1-A provision of an adjustable-rate mortgage (ARM) that limits how much the interest rate or mortgage payments may increase or decrease. See lifetime payment cap, periodic payment cap, and periodic rate cap.
2-Adjustable Rate Mortgages have fluctuating interest rates, but those fluctuations are usually limited to a certain amount. Those limitations may apply to how much the loan may adjust over a six month period, an annual period, and over the life of the loan, and are referred to as "caps." Some ARMs, although they may have a life cap, allow the interest rate to fluctuate freely, but require a certain minimum payment which can change once a year. There is a limit on how much that payment can change each year, and that limit is also referred to as a cap.
Proposed translations
(Arabic)
5 +8 | حد أقصى/سقف | Nadia Ayoub |
5 | سقف سعر الفائدة | Noha Mostafa |
Proposed translations
+8
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Selected
حد أقصى/سقف
ceiling: an upper limit on what is allowed; "they established a cap for prices"
cap: The limit on an interest rate for an adjustable mortgage (either on each adjustment or over the life of the mortgage).
cap: The limit on an interest rate for an adjustable mortgage (either on each adjustment or over the life of the mortgage).
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Comment: "Dear Nadia,
I really apologize for my late reply, as I was so busy. Thanks alot for your help"
17 hrs
سقف سعر الفائدة
الحد الأعلى الذى تنص عليه اتفاقية القرض متغير معدل الفائدة أو الرهن العقارى متغير معدل الفائدة والذى لا يمكن لسعر الفائدة تجاوزه، ويهدف إلى حماية المقترض من ارتفاع أسعار الفائدة
Adjustable Rate Loanالقرض متغير معدل الفائدة
Adjustable Rate Mortgage الرهن العقارى متغير معدل الفائدة
Adjustable Rate Loanالقرض متغير معدل الفائدة
Adjustable Rate Mortgage الرهن العقارى متغير معدل الفائدة
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