debt-ceiling

debt limit

noun
(in public finance) the legal maximum debt permitted a municipal, state, or national government.
Also called debt ceiling.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To debt-ceiling
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature