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Debt limitation |
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Debt limitation A bond covenant that restricts the firm's ability to incur additional indebtedness in some way. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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5 percent debt limitation ratio to revenues that the city faces. Yet another would be to propose and campaign for a combined tax and debt limitation constitutional amendment, which would stop the issuance of gross federal debt at, say, $5 trillion and shackle Congress's power to replace debt issuance with higher taxes. The county has experienced a stable economy, steady financial performance and position, and low debt levels, demonstrating adequate flexibility under the ten-mill unvoted debt limitation. |
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Debt limitation
