Payment Cap

Business / Debt / Payment Cap: A Payment Cap is the maximum amount for a payment under an Adjustable Mortgage Loan, regardless of the increase in the interest rate. If the payment is less than the interest alone, negative amortization is created.
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Other Words for Cap

Cap Noun Synonyms: hat, head covering
Cap Verb Synonyms: surpass, outdo, outstrip, better, beat, exceed, top, excel
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Milling Capacity

Science / Geology / Milling Capacity: The maximum amount of material that a mill can produce in a unit of time. MORE

Midcap Spdrs

Business / Finance / Midcap Spdrs: This is the same as a SPDR, except that the index it tracks is Standard & Poor's Midcap 400. This SPDR also trades on the AMEX, under the symbol MDY. MORE

Midcap

Business / Finance / Midcap: A stock with a capitalization of usually between $1 billion and $5 billion. MORE

Molar Heat Capacity

Science / Chemistry / Molar Heat Capacity: The heat required to raise the temperature of one mole of a substance by 1°C is called the molar heat capacity of the substance. Molar heat capacity is an intensive property with SI system units of J MORE

Morgan Stanley Capital International (MSCI)

Business / Finance / Morgan Stanley Capital International (MSCI): Publisher of a number of well-known benchmarks, such as the MSCI World Index. MORE

Motion-Caption Device

Technology / Television (TV) / Motion-Caption Device: A system by which the movement of three-dimensional objects or humans is traced by a computer. MORE