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Definition of Debt ceiling
1. Noun. The maximum borrowing power of a governmental entity.
Lexicographical Neighbors of Debt Ceiling
Literary usage of Debt ceiling
Below you will find example usage of this term as found in modern and/or classical literature:
1. Poland: From Transition to New Regulatory Challenges by OECD ECMT Staff, Oecd, SourceOECD (Online service), Economic Research Centre (2002)
"This means that unless steps are taken to bring government spending under control,
Poland risks overshooting the debt ceiling introduced as part of the new ..."
2. Tennessee Valley Authority: Financial Problems Raise Questions about Long by DIANE Publishing Company (1996)
"As mentioned in our 1983 report,5 the current statutory debt ceiling for TVA ...
Decreasing the debt ceiling could force TVA to make difficult decisions ..."
3. Why the Balanced Budget Amendment Is Good for Americans: Hearing Before the edited by John R. Kasich (1998)
"Even after the budget is balanced, it is very possible that we could need to
raise the debt ceiling in the beginning of the year to get the cash necessary ..."
4. Economic Report of the President of the United States, 1996 by DIANE Publishing Company (1996)
"The debt ceiling bill was not passed until March, and the final spending bills
for fiscal 1996 were not passed until April, more than 6 months after the ..."
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