debt ceiling

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Related to Debt Ceilings: national debt ceiling
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Noun1.debt ceiling - the maximum borrowing power of a governmental entity
debt - money or goods or services owed by one person to another
national debt ceiling - a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress
References in periodicals archive ?
Most countries don't have debt ceilings because they are viewed as an unneeded formality.
AmBev is the world's fourth largest brewer and sixth largest beverage company, and the success of its bond issue is a further illustration of the significant economic and other benefits this product offers to high quality issues otherwise constrained by sovereign debt ceilings," said Peter Behr, principal at Signet.
This product offers significant economic benefits to high quality issuers that are constrained by sovereign debt ceilings," said Peter Behr, a principal at Signet.