| 释义 |
debt ceiling
Thesaurus| Noun | 1. | debt ceiling - the maximum borrowing power of a governmental entitydebt limitdebt - money or goods or services owed by one person to anothernational debt ceiling - a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress |
Debt ceiling
Debt ceilingSee: Debt limitDebt CeilingThe maximum amount that a government can borrow. The term especially applies to municipalities; rising above the debt ceiling may trigger a reduction it a municipality's credit rating. Cities and other local governments that are near the debt limit may issue participation certificates--a right to the receivables for a certain project--instead of direct debt. The United States also has a national debt ceiling, but Congress simply raises it every time the national debt approaches the ceiling.debt ceiling
Synonyms for debt ceilingnoun the maximum borrowing power of a governmental entitySynonymsRelated Words- debt
- national debt ceiling
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