单词 | rate cap |
释义 | rate capn. 1. gen. An upper limit imposed on a rate of interest, scale of charges, etc. ΘΚΠ the world > relative properties > quantity > greatness of quantity, amount, or degree > [noun] > the greatest amount or quantity > quality of being maximal > maximum > maximum permitted maximum1801 allowance1833 quota1891 quota1921 allowable1932 cap1947 rate cap1976 1976 Sun (Lowell, Mass.) 3 Dec. 37/3 Administration officials say the only alternate to a rate cap may be to reduce services. 1982 P. W. Samors & S. Sullivan in J. A. Meyer Meeting Human Needs iv. 381 Instead of a promising set of reforms, both the Reagan administration and its predecessors have offered a continuation of budget ceilings, rate caps, and cost shifting. 1991 N.Y. Times 21 Nov. a27/5 When he offered the innocent suggestion that credit-card interest rates were too high, the Senate mistakenly thought he must have known what he was talking about, and hastened to approve a rate cap. 2003 Waste Age (Nexis) June Deviant haulers have been making a profit by charging more than the rate cap allows. 2. British (now chiefly historical), Australian, and New Zealand. An upper limit on the amount of money which a local authority can spend and also levy through rates, imposed through rate-capping. ΚΠ 1983 Times 16 Dec. 2/1 (heading) Rotarian Tendency girds loins for rate-cap battle. 1987 Guardian 14 Jan. 1/2 The rate cap takes no account of the effects of the outcome of the current negotiations on the teachers' pay settlement. 2006 Waikato Times (Hamilton, N.Z.) (Nexis) 26 Aug. 5 Thames-Coromandel Mayor Philippa Barriball said to look at rate caps in isolation was unworkable. This entry has been updated (OED Third Edition, December 2008; most recently modified version published online March 2022). < n.1976 |
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