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salary cap

noun
1.
a maximum limit on salaries.
2.
Sports. an upper limit to the combined salary of an entire team.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Contemporary definitions for salary-cap
noun

the maximum amount of money that can be spent on salaries for a sports team or other group

Examples

The salary cap can be a per-player limit or a total limit for the team's roster or both.

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