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单词 cap and collar
释义 ˌcap and ˈcollar

noun

[]
() an upper and a lower limit between which an interest rate or a share price is fixed for a period of time(利率、股票价格的)上下限Under the takeover deal, the shares issued will be subject to a cap and collar of $20 to $28.根据收购协议,所发行股票的价格限定在 20 元至 28 元之间。 ˌcap and ˈcollar

verb

[] You have the option to cap and collar the lending rate on our loans.你有权对我们的贷款设定贷款利率的上下限。
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