answersLogoWhite

0

A debt ceiling can be described as the maximum limit that company, organization, or government agency can afford to incur debt. Example sentence:

My personal debt ceiling is around a thousand dollars.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Can you give me the sentence of the word debt?

The woman was in debt after making expensive purchases online.


What president did not raise the debt ceiling?

The President cannot raise the debt ceiling. It is set by Congress.


What is a debt ceiling?

Debt ceiling is the limit on how much money the US Federal government can owe.


What president raised the debt ceiling most?

The President cannot raise the debt ceiling. It is set by Congress.


How many times has the debt ceiling been raised since the inception of the debt ceiling?

102 times


Can you give an example of a simple sentence using above?

The roof is above the ceiling


How many times has Obama raised the national debt ceiling?

The President cannot raise the debt ceiling. Only Congress can do that.


What is a sentenes for ceiling?

the sentence for ceiling can be.. the ceiling is black


What is the United States debt ceiling?

The United States debt ceiling is a debate about government spending and debt. It discusses putting limits on the amount of debt the government can be in at any time and how much money the government can spend.


How many times was the debt ceiling raised under reagen?

The National Debt Ceiling was raised 18 times while Reagan was president.


Can you give me a sentence using the word PUNT?

Obama will punt the national debt.


Why does the United States have a debt ceiling?

"The United States has a debt ceiling, so that we as a nation, together with our leaders, can make an attempt to hold ourselves accountable in terms of our fiscal responsibility. The debt ceiling is also in conflict with 14th Amendment of the U.S. Constitution."