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Definition of debt ceiling noun from the Oxford Advanced Learner's Dictionary

debt ceiling

noun
 
/ˈdet siːlɪŋ/
 
/ˈdet siːlɪŋ/
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  1. the upper limit on the amount of money that a government can borrow
    • They will either have to make cuts somewhere or raise the debt ceiling.
    Topics Moneyc2
aspiration
noun
 
 
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