debt ceiling

(redirected from Debt Caps)
Also found in: Dictionary, Financial.
Related to Debt Caps: Debt capital
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Synonyms for debt ceiling

the maximum borrowing power of a governmental entity

References in periodicals archive ?
In terms of debt caps, we have limits of $125 million in the NBA so no club can in effect mortgage its future with more than $125 million loan.
We have adopted an approach of a salary cap, being used in conjunction with a debt cap and draft picks in order to even the competition and to prevent one owner's spending harming the integrity of the competition," he explained.
The NBA's debt cap, a figure which Stern described as 'peanuts', is brought into perspective when it is seen against the current debt of English Premier League champions Manchester United whose current debt stands at $1.
The IMF, he said, sees the national dialogue as an opportunity to get all sides to agree on IMF recommendations for fiscal reforms, debt caps, and government spending cuts.