debt ceiling

debt limit

noun
(in public finance) the legal maximum debt permitted a municipal, state, or national government.
Also called debt ceiling.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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WordNet
debt ceiling

noun
the maximum borrowing power of a governmental entity [syn: debt limit
debt limit

noun
the maximum borrowing power of a governmental entity 
WordNet® 3.0, © 2006 by Princeton University.
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