| 释义 |
cap and collar
noun[ S ]
ukus
BANKING, FINANCE
an agreement in which a financial organization puts an upper (= the cap) and a lower (= the collar) limit on an interest rate for a loan, a share price, etc.:
When interest rates are expected to rise, a cap and collar mortgage becomes more attractive to borrowers.
Examples of cap and collar
cap and collar
It may be overdone, but men have great pride in their capandcollar badges and in their regimental traditions.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I hate the smooth, whitefaced thing, dressed up in her starchy capandcollar and cuffs, and making believe to be so superior.
From Project Gutenberg
She was a good-looking old lady, dressed in black, with a very white lawn capandcollar, and was very kind and civil, but a little deaf.
From Project Gutenberg
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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