Akademik

ceiling

An upper limit for a variable. For example, an adjustable- rate mortgage may have a ceiling of 10 percent. In this case, the rate can be adjusted however the loan terms provide without exceeding 10 percent.

Also called a cap. American Banker Glossary

————

The highest price, interest rate, or other numerical factor allowable in a financial transaction. Bloomberg Financial Dictionary

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ceiling cei‧ling [ˈsiːlɪŋ] noun [countable]

the largest level, amount, or number of something that is officially allowed:

• Oil price ceilings remained in place for a decade.

• the strict spending ceilings imposed by last year's budget

• Wage ceilings needed to be introduced and the state pension scheme overhauled.

ceiling on

• The new government set a ceiling on prices for basic foodstuffs.
— see also glass ceiling

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ceiling UK US /ˈsiːlɪŋ/ noun [C]

► the highest level, number, or amount something is allowed to reach: »Before the bidding started he had set himself a ceiling price beyond which he would not go.
a debt/spending/production ceiling »They agreed on a spending ceiling over the next five years of between 1.2% to 1.3%.
the ceiling on sth »The good news is that the ceiling on teachers' earnings has been removed.
the ceiling for sth »We will keep within the ceiling for public spending and do better if we can.
place/put a ceiling on sth »Ceilings are placed on interest rates by the government to provide firms with cheap capital.
set/impose a ceiling »The staff ceiling was originally set at 35 but has slowly risen to 50.
reach/exceed a ceiling »The $7.4 trillion national debt ceiling is likely to be reached in the next few days.
lower/raise a ceiling »The budget restrictions, signed into law in July, lowered the ceiling on how much districts' budgets can grow annually.

→ See also GLASS CEILING(Cf. ↑glass ceiling)

Financial and business terms. 2012.