TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

TAUX PLAFOND [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1998-02-19

English

Subject field(s)
  • Banking
  • Loans
DEF

The maximum rate of interest that may be charged on a variable or floating rate loan, irrespective of how high the money market index may fluctuate.

Key term(s)
  • capped rate

French

Domaine(s)
  • Banque
  • Prêts et emprunts
CONT

[...] si le taux du marché dépasse le plafond convenu dans le cap, la banque paye la différence entre le taux du marché et le taux plafond garanti [...] Mais si les taux sont inférieurs au plafond, l'entreprise continue de bénéficier des taux plus faibles que le plafond et ne doit rien reverser à la banque [...]

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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