| / English Dictionary |
NATIONAL DEBT CEILING
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("national debt ceiling" is a kind of...):
debt ceiling; debt limit (the maximum borrowing power of a governmental entity)
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