What does debt ceiling mean?

Definitions for debt ceiling
debt ceil·ing

This dictionary definitions page includes all the possible meanings, example usage and translations of the word debt ceiling.

Princeton's WordNet

  1. debt limit, debt ceilingnoun

    the maximum borrowing power of a governmental entity

Wikipedia

  1. debt ceiling

    A debt limit or debt ceiling is a legislative mechanism restricting the total amount that a country can borrow or how much debt it can be permitted to take on. Several countries have debt limitation restrictions.

ChatGPT

  1. debt ceiling

    A debt ceiling is a legislative limit or cap on the amount of national debt that can be issued or incurred by a country's treasury or central government. It restricts the ability of the government to finance its operations through borrowing and, once reached, requires legislative action to be increased. Any failure to increase the debt ceiling does not lead to default immediately, but could eventually if borrowing is necessary and not approved. This term is commonly associated with the U.S. where Congress needs to approve the increase on federal borrowing limit.

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Numerology

  1. Chaldean Numerology

    The numerical value of debt ceiling in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of debt ceiling in Pythagorean Numerology is: 9

Examples of debt ceiling in a Sentence

  1. Chuck Schumer:

    We have reached agreement to extend the debt ceiling through early December and it's our hope that we can get this done as soon as today.

  2. Hal Rogers:

    It's important. Very important, of course, that we avoid the default in our debt ceiling, coming up momentarily, all of these things you heard about in this debate are great. But for me, the two years that we have now to get back on regular order and stop lurching from crisis to crisis, to stop that business -- this bill will give us that great chance.

  3. Senate Majority Whip John Cornyn:

    There's not going to be any clean debt ceiling increase, but obviously, there's going to be a big package, perhaps, of everything from tax extenders to appropriation bills and the like.

  4. The Kentucky senator:

    It is hard for me not to use profanity in describing it, we should be using the leverage of the debt ceiling to actually enforce spending restraint.

  5. Alabama Senate:

    Raising the debt ceiling doesn't help that issue. I think holding fast on cutting costs, cutting programs that are not value added that gets us to a balanced budget is absolutely something that is in the hands of Congress, and I would fight to do that.

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"debt ceiling." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/debt+ceiling>.

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