Debt Limit

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Debt limit

The maximum amount that a municipality can borrow.

Debt Ceiling

The maximum amount that a government can borrow. The term especially applies to municipalities; rising above the debt ceiling may trigger a reduction it a municipality's credit rating. Cities and other local governments that are near the debt limit may issue participation certificates--a right to the receivables for a certain project--instead of direct debt. The United States also has a national debt ceiling, but Congress simply raises it every time the national debt approaches the ceiling.

debt limit

The statutory maximum amount of debt that a municipality may have outstanding.

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Credit Score Cut, Cap and Balance Act Debt Ceiling Debt Limitation Debt outstanding subject to limitation Statutory Debt Limit			The United States is poised to hit the debt limit in December and Congress will need to raise the ceiling to keep the federal government functioning, the Treasury Department said Wednesday. US set to hit national debt limit in December by AFP / AFP American Edition against Raising the Federal Debt Limit: In 2006, Obama voted against misguided Republican efforts to raise the statutory debt limit at the same time the Republicans were pushing through massive debt-financed tax cuts for the wealthy. In the shadows of promise: evaluating Obama's campaign pledges by Eddlem, Thomas R. / The New American 1 trillion statutory debt limit on Friday, saying that it could be breached as early as mid-October. Geithner asks Congress for higher US debt limit by Khaleej Times (Dubai, United Arab Emirates)			Debenture Bond Debenture Stock Debenture subordinado debit Debit Balance Debit Card Debit Spread Debit-Balance Theory Debitar Debiteur Debito Debito extraordinario Debito obbligazionario debt Debt Assignment Debt Bomb Debt Capacity debt capital Debt Ceiling Debt Consolidation debt coverage ratio Debt Displacement Debt Financing Debt instrument Debt leverage Debt Limit Debt Limitation Debt Management Debt Management Ratio Debt market Debt outstanding subject to limitation Debt Ratio debt relief Debt Restructuring Debt Retirement Debt Securities Debt Security debt service debt service constant Debt Service Coverage Debt service parity approach debt service ratio Debt swap debt to equity ratio Debt Warrant Debt-Based Asset Debt-for-Equity Swap Debt-Service Coverage Ratio Debt-to-Capital Ratio Debt-to-Equity Ratio Debt-to-GDP Ratio			Debt displacement Debt Education and Counseling Association Debt Elimination Specialists LLC Debt Enforcement and Bankruptcy Act Debt equity ratio Debt Equity Ratios Debt Equity Swap Debt Equity Swaps Debt Exchangeable for Common Stock Debt Exchangeable for Common Stock Debt Exchangeable for Common Stock Debt finance Debt finance Debt finance Debt finance Debt finance Debt Financial Group Debt Financing Debt for equity Debt for equity swap Debt forgiveness Debt Forgiveness Program Debt GDP Ratio Debt GDP Ratios Debt Income Ratios Debt Indicator debt instrument debt instrument Debt Instruments Depository and Clearing Co., Ltd. Debt leverage Debt Limit Debt limitation Debt Limits Debt Limits debt management Debt Management and Financial Analysis System Debt Management Company Debt Management Credit Counseling Debt Management Credit Counseling Corp. Debt Management Group of Ontario Debt Management Office Debt management plan Debt Management Program debt management ratio Debt Management Ratios Debt Management Services Debt Management Servicing Center Debt Management Telephone Centre Debt market Debt monetization Debt monetization Debt Negotiation Services Debt of Bones Debt of Honor Debt of Honour Debt of nature Debt of record

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