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rate-cap

/ ˈreɪtˌkæp /

verb

  1. (formerly in Britain) to impose on (a local authority) an upper limit on the level of the rate it may levy

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Other Word Forms

  • rate-capping noun

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