rate-cap

British  

/ ˈreɪtˌkæp /

verb

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

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Other Word Forms

• rate-capping
  noun

Example Sentences

Top JP Morgan executives including Dimon had previously warned that a 10% interest rate cap would severely hurt consumers, adding their voices to criticism of the proposal.

From BBC • Jan. 21, 2026

“A rate cap is not something that we can support,” Citigroup Chief Executive Jane Fraser said on a call with reporters Wednesday.

From The Wall Street Journal • Jan. 16, 2026

Carriers would face an “indirect risk” from a proposed rate cap because card companies might have to rethink how many miles they purchase for their rewards programs, the note said.

From MarketWatch • Jan. 15, 2026

If an interest rate cap is too tight, all but the highest-rated customers might face higher annual fees and stingier rewards.

From Los Angeles Times • Jan. 14, 2026

Visa shares decreased 4.9% to $326.46 and Mastercard shares fell 4.4% to $541.51 following a proposed 10% credit card interest rate cap.

From Barron's • Jan. 13, 2026