Glossary entry

English term or phrase:

Cap

Arabic translation:

حد أقصى/سقف

Added to glossary by Hussein Abd-Elatif
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.

Proposed translations

+8
8 mins
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).
Peer comment(s):

agree zkt
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agree Alexander Yeltsov
17 mins
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agree Mohsin Alabdali
1 hr
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agree Abdul Aziz Dammad
1 hr
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agree Akram Darwish
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agree abdurrahman
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agree zi_neb
8 hrs
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agree Yahya Kerolos : right
18 hrs
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4 KudoZ points awarded for this answer. 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
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