{"id":165674,"date":"2022-05-06T15:47:11","date_gmt":"2022-05-06T15:47:11","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/interest-rate-cap\/"},"modified":"2022-05-06T15:47:14","modified_gmt":"2022-05-06T15:47:14","slug":"interest-rate-cap","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/interest-rate-cap\/","title":{"rendered":"Interest Rate Cap"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>An agreement between two parties providing the purchaser an interest rate ceiling or &#8216;cap&#8217;. This financial instrument is primarily used by borrowers of floating rate debt in situations where short term interest rates are expected to increase. Rate caps can be viewed as insurance ensuring that the maximum borrowing rate never exceeds the specified cap level.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4253],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165674"}],"collection":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item"}],"about":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/types\/knowledge_item"}],"wp:attachment":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/media?parent=165674"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}