salary cap

salary cap

noun
1.
a maximum limit on salaries.
2.
Sports. an upper limit to the combined salary of an entire team.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
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Dictionary.com's 21st Century Lexicon
Main Entry:  salary cap
Part of Speech:  n
Definition:  the maximum amount of money that can be spent on salaries for a sports team or other group
Example:  The salary cap can be a per-player limit or a total limit for the team's roster or both.
Dictionary.com's 21st Century Lexicon
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