- debt ceiling
- nounthe maximum borrowing power of a governmental entity• Syn: ↑debt limit• Hypernyms: ↑debt• Hyponyms: ↑national debt ceiling
Useful english dictionary. 2012.
debt ceiling
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Debt Ceiling — The maximum amount of monies the United States can borrow. The debt ceiling was created under the Second Liberty Bond Act of 1917, putting a ceiling on the amount of bonds the United States can issue. As of the end of July, 2011 the debt ceiling… … Investment dictionary
debt ceiling — See: debt limit … Financial and business terms
United States debt-ceiling crisis — Part of a series of articles on Unit … Wikipedia
2011 U.S. Debt Ceiling Crisis — A contentious July 2011 debate regarding the maximum amount of borrowing that the United States government should be allowed to undertake. A debt ceiling has been in place since 1917, but the government raises it whenever it comes close to… … Investment dictionary
national debt ceiling — noun a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress • Hypernyms: ↑debt limit, ↑debt ceiling … Useful english dictionary
ceiling — An upper limit for a variable. For example, an adjustable rate mortgage may have a ceiling of 10 percent. In this case, the rate can be adjusted however the loan terms provide without exceeding 10 percent. Also called a cap. American Banker… … Financial and business terms
debt limit — noun the maximum borrowing power of a governmental entity • Syn: ↑debt ceiling • Hypernyms: ↑debt • Hyponyms: ↑national debt ceiling * * * (in public finance) the legal maximum debt permitted a municipal, state, or national government. * * * debt … Useful english dictionary
Debt crisis — The debt crisis is the general term for the proliferation of massive state debts relative to tax revenues, especially in reference to Latin American during the 1980s, and the United States and the European Union since the mid 2000s.[1][2][3][4]… … Wikipedia
debt limitations — Ceiling placed on amount of borrowings by individuals, corporations or governments. Certain state constitutions prohibit deficit spending by government … Black's law dictionary
debt limitations — Ceiling placed on amount of borrowings by individuals, corporations or governments. Certain state constitutions prohibit deficit spending by government … Black's law dictionary
