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debt limit

American  

noun

  1. (in public finance) the legal maximum debt permitted a municipal, state, or national government.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Quiroz said Kast will abide by the debt limit.

From The Wall Street Journal • Nov. 11, 2025

In other areas, like the question of the debt limit, MacDonough and other parliamentarians have acted more as literalists, according to Kogan.

From Salon • Jan. 9, 2025

In the end, they actually defied him, passing a bill that was silent about the debt limit.

From Los Angeles Times • Dec. 29, 2024

Also known as the debt limit, this is a law that restricts the total amount of money the government can borrow to pay its bills.

From BBC • Dec. 20, 2024

We could have a state constitution, too, which would extend the debt limit so that we could issue a whole lot more bonds.

From Plunkitt of Tammany Hall: a series of very plain talks on very practical politics, delivered by ex-Senator George Washington Plunkitt, the Tammany philosopher, from his rostrum—the New York County court house bootblack stand; Recorded by William L. Riordon by Plunkitt, George Washington