...上限期权,是为了保证浮动利率贷款的利率不超过某个利率水平而设计的一种期权合约,这个利率水平即是所谓的上限利率(caps rate)。帽子期权与利率看跌期权类似,如一个3年期的帽子期权可以视为一系列3个月的利率指数(通常为Libor)看跌期权。
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These companies say that lower rate caps would discourage lending to anyone but the most reliable borrowers, driving the rest towards loan sharks who charge truly exorbitant interest rates.
那些公司说道过低的上限将迫使资金只出借给那些最可靠的借款者。而将剩下的则拱手让给了那些高利贷者。
Both the Greenland and the Antarctic caps have been melting at an accelerating rate.
格陵兰岛与南极冰盖都在加速融化。
This caps at 50% the overall tax rate on all personal income.
这覆盖了统一所得税率的50%。
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