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Cap Rate

The ratio of a property's net operating income (NOI) to its value (capital invested). This rate is used for valuation:...

OAR

It stands for overall capitalization rate; the ratio of a property's net operating income (NOI) to its value (capital invested)....

Overall Capitalization Rate

The ratio of a property's net operating income (NOI) to its value (capital invested). This rate is used for valuation:...

Uncapped FRN

A floater (FRN, floating rate note) that has no cap. An embedded cap (a cap that is embedded) in a...

Uncapped Floating Rate Note

A floater (floating rate note) that has no cap. An embedded cap (a cap that is embedded) in a floater...

Uncapped Floater

A floater (floating rate note) that has no cap. An embedded cap (a cap that is embedded) in a floater...

Asian Cap

An interest rate cap (i.e., a contract on a maximum interest rate) whereby the seller pays the buyer, at periodic...

Base Rate Cap

An interest rate cap that protects its holder, during a given period of time, against upward movement in the base...

Trigger Cap

An interest rate cap whose existence or activation depends on a floating rate or index crossing a certain barrier or...

Free and Clear Return

The return on a real estate investment, calculated as the total unlevered, pre-tax cash flow of a real estate project...