debt ceiling

(redirected from Statutory Debt Limits)
Also found in: Thesaurus, Financial.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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 ?
The county continues to operate near the statutory debt limits, maintaining a $11.
The additional bonds test, statutory debt limits and strong MADS coverage of around 9-10.
Currently, the authority is essentially at its statutory debt limits for SCIP and has authorization but does not intend to issue about $175 million of non-SCIP bonds.