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charge cap

American  
[chahrj kap] / ˈtʃɑrdʒ ˈkæp /

noun

plural

charge caps
  1. a limit on the amount that a person, household, or company can be required to pay for a specific good or service.


charge-cap British  
/ ˈtʃɑːdʒˌkæp /

verb

  1. (formerly in Britain) to impose on (a local authority) an upper limit on the community charge it may levy

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Word Forms

  • charge-capping noun