The phrase "amount is capped" is correct and usable in written English.
It can be used in contexts where there is a limit set on a quantity, such as financial transactions, budgets, or resource allocations.
Example: "The funding for this project is limited, and the amount is capped at $50,000."
Alternatives: "amount is limited" or "amount is restricted".
They can share in potential financial winnings from that action, but the amount is capped at $30m.
Available water is distributed to users via water rights administered by the basin states, and the total amount is capped.
Under the current regime they can borrow against future rental income but the amount is capped and some councils are at their limit.
The first £4m of any naming rights deal will go to the LLDC and Newham borough, with anything above that between the two bodies and West Ham although the amount is capped.
For West Ham's east London venue, it has been revealed the first £4m each year of any naming rights deal will go to the LLDC and Newham borough, with anything above that between the two bodies and West Ham, although the amount is capped.
Plus, the loan amount is capped at $679,650.
Loan amounts are capped at $1 million, and borrowers must put at least 40 percent down.
What's more, the maximum amount granted is capped at £700 – a pitiful contribution given that the average funeral costs £3,551.
What's more, the maximum amount granted is capped at £700 [$1,080] a pitiful contribution given that the average funeral costs £3,551 [$5,476].
John Battelle, the author of "The Search," has a different point of view: All US advertisers that have *ever* spent money with Google have the right to make a claim, but the total amount of those claims is capped at $90 million, a pittance compared to the billions that Google has made from AdWords/sense in the last five or so years….This settlement is a major victory for Google.
The amount you can deduct is capped at $2,500, and the way the math works that means you could save a maximum of $625 on your tax bill.
