Keeping this in consideration, what does Cap mean in a sentence?
Examples of cap in a SentenceThe law would cap legal immigration. The government wants to cap councils that spend too much. See More.
Additionally, does cap Mean limit? cap noun [C] (LIMIT)a limit on the amount of money that can be charged or spent in connection with a particular activity: Central government has imposed a cap on local tax increases.
Then, has been capped meaning?
to set a limit on the amount of money that someone can spend or charge. The Department of the Environment is capping local authorities' spending. The interest rate has been capped at 7.5 per cent. Synonyms and related words.
What does Cap mean in banking?
maximum allowable interest rate