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Glossary group: C

Casement

  • March 5, 2021
  • camuser

Frames of wood or metal enclosing part (or all) of a window sash. May be opened by means of hinges affixed to the vertical edges.

Capped rate

  • March 5, 2021
  • camuser

The mortgage interest rate will not exceed a specified value during a certain period of time, but it will fluctuate up and down below that level.

Capital and interest

  • March 5, 2021
  • camuser

A repayment loan and the most conventional form of home loan. The borrower pays an amount each month to cover the amount borrowed (or capital or principal) plus the interest charged on capital.

Capital

  • March 5, 2021
  • camuser

The principal part of a loan, i.e. the original amount borrowed.

Cap flashing

  • March 5, 2021
  • camuser

The portion of the flashing attached to a vertical surface to prevent water from migrating behind the base flashing.

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