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Related to Interest Rate Caps: Interest rate cap and floor, Interest Rate Floors


1. the inner upper surface of a room
a. an upper limit, such as one set by regulation on prices or wages
b. (as modifier): ceiling prices
3. the upper altitude to which an aircraft can climb measured under specified conditions
4. Meteorol the highest level in the atmosphere from which the earth's surface is visible at a particular time, usually the base of a cloud layer
5. a wooden or metal surface fixed to the interior frames of a vessel for rigidity
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005


The undercovering of a roof or floor; generally concealing the structural members from the room or roof above, or the underside surface. It may have a flat or curved surface, and be self-supporting, suspended from the floor above, or supported from hidden or exposed beams.

exposed ceiling

A ceiling in which all the structural and mechanical systems are left exposed, either in their natural state or painted.

false ceiling

A ceiling suspended or hung from the floor above, which hides the underneath structure and provides a space for the mechanical systems, wires and ducts.

luminous ceiling

A system in which the whole ceiling is translucent with lamps that are installed above and suspended from a structural ceiling.

suspended ceiling

A nonstructural ceiling suspended below the overhead structural slab or from the structural elements of a building and not bearing on the walls.
Illustrated Dictionary of Architecture Copyright © 2012, 2002, 1998 by The McGraw-Hill Companies, Inc. All rights reserved
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.



the overhead inside lining of a room; a group of structural elements forming a secondary covering that is suspended from the roof.

Ceilings’ may be smooth or have projecting ribs, coffers, or other sculptured details. Smooth ceilings may or may not cover beams. They are made from plaster, boards, or sheeting materials. Suspended ceilings are used mainly to provide better sound absorption and to increase the sound insulation of the roof. They also conceal ventilation ducts, heating pipes, and electrical wiring. Such ceilings are used as decorative elements in interior design.

In modern mass-scale housing construction, the smoothing of seams and painting constitute the principal method for finishing ceilings made of slabs and panels. In public buildings, ceilings are more and more often being faced with slab materials having good acoustic properties. Such materials include perforated aluminum panels and porous plasterboard with a sound-absorbent fiberglass layer. In a room whose ceiling serves as an element of interior design, more decorative painted or sculptured finishes are used.


The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.


(building construction)
The covering made of plaster, boards, or other material that constitutes the overhead surface in a room.
The smallest integer that is equal to or greater than a given real number a ; symbolized ⌈ a ⌉.
In the United States, the height ascribed to the lowest layer of clouds or of obscuring phenomena when it is reported as broken, overcast, or obscuration and not classified as thin or partial.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.


The overhead surface of a room, usually a covering or decorative treatment used to conceal the floor above or the roof.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.


i. The height above the ground or water of the base of the lowest layer of cloud below 6000 m (20,000 ft), covering more than half the sky (ICAO). The term also refers to the vertical visibility in a surface-based layer that completely obscures the whole sky, whichever is lesser.
ii. The highest pressure altitude that can be reached by an aircraft, excepting a zoom climb. At this altitude, the aircraft rate of climb is zero. Also called absolute ceiling.
An Illustrated Dictionary of Aviation Copyright © 2005 by The McGraw-Hill Companies, Inc. All rights reserved
References in periodicals archive ?
Still, restoring an interest rate cap is the time-tested reform which has proven most effective in curbing abusive money lending.
Depending upon market conditions, it also would be possible to eliminate the variable-rate risk by purchasing an interest rate cap and locking in the spread between the cost of the cap and the savings on the indexed/fixed-rate bonds, if any.
In March, the High Court ruled interest rate cap unconstitutional.
Interest Rate Caps. Another popular option-type derivative financial instrument is an interest rate cap.
Kenyans have only 10 days remaining to give feedback on the impact of interest rate cap in their businesses and day to day life.
The report, led by former Labour minister Chris Pond, said that the government should relax membership rules for some of the more successful credit unions, remove interest rate caps for small loans and allow the unions to invest deposits from members to generate income.
Net income for the quarter was USD68.6m an increase of around USD32.4m compared to the second quarter of 2007, excluding the effect of mark-to-market of interest rate caps and share-based compensation this was USD58.2m, an increase of USD29.5m over the same figure last year.
We believe that the challenges experienced with lending in the recent past are not directly attributable to the interest rate caps. Therefore, any discussions to consider scrapping of the interest rates caps should ensure that the initial objectives of the capping are maintained, Mr Mwatu added.
'We believe that the discussion to lift interest rate caps should be preceded by operationalization of other mechanisms that will allow a
The Consumer Federation of Kenya (Cofek) has threatened to take legal action against banks that are fleecing customers because of confusion about interest rate caps recently announced by the nation's central bank.