debt ceiling

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Related to Debt Caps: Debt capital
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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 ?
More specifically, expenditure-based rules and debt caps have higher rates of compliance in advanced economies than do balanced budget rules--around 70 percent vs.
For this year, the BSP is not imposing foreign debt caps since with plenty foreign exchange (FX) rules being liberalized, there was no need for ceilings.
For instance, as farmland values have risen due to sustained low capitalization rates and strong commodity prices, System Banks and their respective Associations have underwritten using loan-to-value limits of 65% for the most part or have used debt caps per acre based on a sustainable cash crop price.