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debt limit

   Also found in: Legal, Financial 0.02 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.debt limit - 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


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Critics have blamed the Republican-controlled Congress for failing to balance the budget, and last year Congress set the debt limit at about $9 trillion.
Senate voted to raise the national debt limit to nearly $9 trillion.
4 trillion national debt limit, there were troubling indications that foreign investors might begin bailing out of the U.
 
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