Search Elements:
- Taxonomy
- us-gaap
- Name
- DerivativeAverageCapPrice
- Label
- Derivative, Average Cap Price
- Period Type
- instant
- Type
- srt-types:perUnitItemType
- Definition
- The average cap rate on a group of price risk derivatives such as caps or collars. A payment or receipt is triggered if the market rate exceeds the cap rate on the contract.