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Life Cap definition
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Life Cap
a limit on the range interest rates can increase or decrease over the life of an adjustable-rate mortgage (ARM).
Found on
https://www.encyclo.co.uk/local/21674
No exact match found.
Synonyms
duration
energy
enthusiasm
existence
go
life span
natural life
time
vivacity
Zelfst. Naamw.
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a limit on the range interest rates can increase or decrease over the life of an adjustable-rate mortgage (ARM).