(redirected from Rate Cap)
Also found in: Dictionary, Thesaurus, Medical, Legal, Financial.
Related to Rate Cap: payment cap


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


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.



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.



(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.


The overhead surface of a room, usually a covering or decorative treatment used to conceal the floor above or the roof.


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.
References in periodicals archive ?
From September 2010 to June 2013, Fast Easy Loans Pty Ltd (Fast Easy) acted as the broker for a related lender, Easy Finance Loans Pty Ltd (Easy Finance), and unlawfully charged consumers a brokerage fee in excess of certain state and territory interest rate caps.
3, 2013 /PRNewswire-USNewswire/ -- The New York City Business Integrity Commission (BIC) proposed a 15-percent increase in the city's rate cap last week, increasing the maximum rates that waste haulers may charge New York City commercial establishments for garbage removal.
Prepaid issuer interchange rate cap exemptions will prevail for organizations with assets of less than $10 billion.
In the 1990s, they persuaded the California Legislature to exempt the fledgling industry from interest rate caps, arguing that the "deferred deposit transactions" are not loans but rather extensions of the check-cashing industry.
Originally, the colonies imported English law, which included an interest rate cap statute called the Statute of Anne.
Since not all districts were initially subject to the rate cap, an analysis of the differences between the constrained and unconstrained school districts will facilitate a determination of the effectiveness of the rate cap.
On behalf of the consumer lobby, Proxmire resisted adjustable rate mortgages--he now admits he was wrong--and insisted that the deposit interest rate cap be lifted.
By the end of this year, electricity rate caps will have expired for all ratepayers in the commonwealth, meaning that electricity suppliers will be permitted to charge consumers higher rates.
The industry has argued that the 36 percent rate cap--the federal rate cap for loans to active-duty military personnel--would drive it out of the state.
04 percent - less than the board's planned interest rate cap.
In addition, an interest rate cap on both "key-person" and pre-1986 contracts was added; the cap is based on the Moody's Corporate Bond Yield Average and is effective for interest paid after Dec.
The cost of the interest rate cap is limited to the excess of par over the purchase price of the asset, not to exceed the actual price of the interest rate cap.