English Dictionary |
NATIONAL DEBT CEILING
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Dictionary entry overview: What does national debt ceiling mean?
• NATIONAL DEBT CEILING (noun)
The noun NATIONAL DEBT CEILING has 1 sense:
1. a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress
Familiarity information: NATIONAL DEBT CEILING used as a noun is very rare.
Dictionary entry details
• NATIONAL DEBT CEILING (noun)
Sense 1
Meaning:
A limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("national debt ceiling" is a kind of...):
debt ceiling; debt limit (the maximum borrowing power of a governmental entity)
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"The bird who has eaten cannot fly with the bird that is hungry." (Native American proverb, Omaha)
"Inscribe science in writing." (Arabic proverb)
"Well started is half won." (Dutch proverb)