(formerly in the UK) the imposition of an upper limit on the rates leviable by a local authority.
限定税额（旧时英国地方政府规定的最高征税限额）
Example sentencesExamples
Mr Collins said rate-capping was not the answer and in the long run Government would have to fundamentally rethink the way it funded local authorities but in the meantime it would have to tackle unacceptably high increases of recent years.
The move to a rate-cap has been publicly lauded by steelmaker Stelco Inc.
In December of 2002, in response to public outrage over the doubling and trebling of electricity bills, the Tories imposed a subsidized rate-cap on the privatized electrical generation market until 2006.
And with councils who raised their council tax by more than five per cent facing the risk of rate-capping, he warned the authority would be forced to make cuts in services.
The enterprises that display a more-or-less permanent natural monopoly must be subject to price controls involving price caps (or rate-capping), popularly referred to as CPI - x, where CPI is the consumer price index.
Derivatives
rate-cap
verbˈreɪtkap
[with object]
(formerly in the UK) impose an upper limit on the rates leviable by (a local authority)
限定税额（旧时英国地方政府规定的最高征税限额）
if the tax were to go up, the council would face being rate-capped
Raising council tax would help to plug this shortfall - but if the tax were to go up by anything over five per cent, the council would face being rate-capped, Mr Wiles said.