Glossary group: C

Casement

March 5, 2021
Mike

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
Mike

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
Mike

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
Mike

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

Cap flashing

March 5, 2021
Mike

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

WE CAN HELP YOU!

Have an upcoming project you’d like to discuss with us, or an issue or comment? Let us bid on your next project. Please contact us!