ceiling

Definition 1
The maximum interest rate permitted by state law for a given loan. A ceiling is a common feature of floating rate notes.

Definition 2
An upper limit on the exchange rate of a country's currency imposed by some regulatory authorities (the government or regulators will step in and ensure that the exchange rate does not exceed the ceiling).

Definition 3
More generally, any limit or maximum.




ceiling is ...
... part of the
Lending & Credit subject.


Related Terms

interest rate ceiling -
adjustable rate -  More
Adjustable Rate Mortgage -  More
capital loss carryover, floor, loss carryover, rent control, variable rate, auction market preferred stock


ceiling appears in the definitions of these other terms on BusinessDictionary.com

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