capped

American  

[kapt] / kæpt /

adjective

1. provided with a covering of a specified kind, color, etc., at the very top, as if by a cap or hat (used in combination).

   The valley is ringed by snow-capped mountains.

   The black-capped vireo breeds in Oklahoma, Texas, and Mexico.

2. closed or sealed off with a lid or covering.

   Even a tightly capped jar of cinnamon will lose its potency after a while.

   A hive inspection last week revealed ten frames filled to the brim with capped honey and ready for harvest.

3. limited by or being a maximum allowable number, amount, value, etc..

   The program has a capped enrollment to ensure small class sizes and better mentorship opportunities.

   Could capped rent increases help to keep housing affordable?

4. Stock Exchange, Banking.

   1. (of a bank loan, investment, or fund) being, having, or involving a floating interest rate for which a maximum level has been set.

      If you’re worried about interest rates rising beyond your ability to pay, a fixed-rate or capped mortgage is the way to go.

   2. (of an equity index) calculated without allowing any one stock or security to be weighted above a certain percentage.

      A capped index is not skewed by the activity of very large companies.

5. (of a landfill site) covered over with layers of clay, asphalt, or other impenetrable materials in order to isolate contaminants and keep them from leaching into the groundwater with rain.

   Building a renewable energy project on top of a capped landfill is an intricate undertaking.

6. Chiefly British, Sports. (of a player) having played in an international game or match as part of a national team.

   We reproduce here our interview with the most capped rugby player of all time.

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verb

1. the simple past tense and past participle of cap.

Etymology

Origin of capped

First recorded in 1610–20; cap ¹ ( def. ) + -ed ² ( def. )

Example Sentences

Loans for students in other graduate programs will be capped at $100,000.

From MarketWatch

He expects about half of the roughly 400 active IPO applications being processed to be successfully priced, given the new SFC guidelines, which have slowed the vetting process and capped new listings.

From The Wall Street Journal

Azure’s revenue potential was capped by the limited availability of AI hardware, but cloud demand is still outpacing supply, Chief Financial Officer Amy Hood told investors at the time.

From The Wall Street Journal

In Bangladesh, the government has shut universities, capped fuel purchases, and diverted natural gas away from industry, shutting down four of the five state-run fertilizer plants.

From Barron's

Gold prices rose but gains remain capped on concerns over inflation and tighter monetary policy.

From The Wall Street Journal

Related Words

• camouflaged
• closed
• coated
• concealed
• enclosed
• hidden
• painted
• protected
• shielded
• topped
• wrapped