Pairs per Turn of the Helix in Solution: The Mica Experiment. The Double Helix Has Minor and Major Grooves. As a result of the double-helical structure of the two chains, the DNA. molecule is a long extended polymer with two grooves that are not.
DEFINITION of 'Initial Interest Rate Cap'. The maximum amount the interest rate on an adjustable-rate loan can adjust on its first scheduled adjustment date. This is part of the interest rate cap structure on the loan, usually a mortgage, which helps to give borrowers some protection from payment shock but does limit the benefit from interest rate reductions.
Interest Rates. 1  Expected Interest Rate: The interest rate used to calculate the principal limit. 2  Actual Interest Rate: The interest rate first charged on the loan beginning at closing; it equals one of the HUD-approved interest rate indices (1-month CMT, 1-year CMT, or 1-month LIBOR) plus a margin. Also called Initial Interest Rate.