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| What is the Ceiling?
Ceiling also known as cap or upper limit and it's used in quite a few circumstances. It can be used in loans where the highest interest rate is defined, here you can enjoy the decreasing loan and your protected from the rate which goes above the ceiling. It can stand for the maximum amount of exchange rate between two countries currency. And of course any top limit.
For example a there can be a ceiling put on investments to restrict it. Also a broker can put a cap on an share transaction. | | | | |
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