DEBT LIMIT

Pronunciation (US): (GB):

Meaning:

The maximum borrowing power of a governmental entity

Synonyms:

debt ceiling; debt limit

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("debt limit" is a kind of...):

debt (money or goods or services owed by one person to another)

Hyponyms (each of the following is a kind of "debt limit"):

national debt ceiling (a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress)