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Also called a cap it's the upper limit of a variable in a transaction like the rate of an adjustable-rate mortgage

Below you may find the Also called a cap it's the upper limit of a variable in a transaction like the rate of an adjustable-rate mortgage which is part of the Jeopardy Archive. In case the question or answer is wrong or something is missing do not hesitate to contact us and we will be glad to help you out. This question was last seen on March 11 2022 Jeopardy! TV Game Show.

QUESTION: Also called a cap it's the upper limit of a variable in a transaction like the rate of an adjustable-rate mortgage
ANSWER: THE CEILING

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