ceiling


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.

Look at other dictionaries:

  • ceiling — 1. Ceiling has been used by government departments and administrators since the 1930s to mean ‘an upper limit’ (as in a ceiling on prices), and is sometimes contrasted with floor, which is a lower limit. As with target, care needs to be taken not …   Modern English usage

  • Ceiling — Ceil ing, n. [See {Cell}, v. t.] 1. (Arch.) (a) The inside lining of a room overhead; the under side of the floor above; the upper surface opposite to the floor. (b) The lining or finishing of any wall or other surface, with plaster, thin boards …   The Collaborative International Dictionary of English

  • Ceiling — bezeichnet: Hauptwolkenuntergrenze (engl. ceiling), ein meteorologischer Begriff Ceiling Effekt in der Pharmakologie oder empirischen Sozialwissenschaft Diese Seite ist eine Begriffsklärung zur Unterscheidung mehrerer mit de …   Deutsch Wikipedia

  • ceiling — I noun acme, altitude, apex, apogee, climax, culmination, extreme, extremity, farthest point, height, highest degree, highest point, limit, maximum, optimum, peak, pinnacle, record, roof, summit, tectum, top, ultimate, utmost, utmost extent,… …   Law dictionary

  • ceiling — [sē′liŋ] n. [< CEIL] 1. the inside top part or covering of a room, opposite the floor 2. any overhanging expanse seen from below 3. an upper limit set on anything, as by official regulation [a ceiling on prices] 4. Aeron. a) a cover …   English World dictionary

  • ceiling — mid 14c., celynge, paneling, any interior surface of a building, noun formed (with ING (Cf. ing)) from M.E. borrowing of M.Fr. verb celer to conceal, cover with paneling (12c.), from L. celare (see CELL (Cf. cell)); probably influenced by L.… …   Etymology dictionary

  • ceiling — [n1] top of a room baldachin, beam, canopy, covert, dome, fan vaulting, groin, highest point, housetop, plafond, planchement, plaster, roof, roofing, timber, topside covering; concept 440 Ant. floor ceiling [n2] maximum legal price, record,… …   New thesaurus

  • ceiling — ► NOUN 1) the upper inside surface of a room. 2) an upper limit set on prices, wages, or expenditure. 3) the maximum altitude an aircraft can reach. ORIGIN from obsolete ceil line or plaster the roof of (a building) , perhaps from Latin celare… …   English terms dictionary

  • Ceiling — For other uses, see Ceiling (disambiguation). A ceiling (pronounced /ˈsiːlɪŋ/) is an overhead interior surface that covers the upper limit of a room. It is generally not a structural element, but a finished surface concealing the underside of the …   Wikipedia

  • ceiling — noun 1 top surface inside a room ADJECTIVE ▪ high, low, tall (AmE) ▪ cathedral (= a high ceiling with open space up to the roof) (AmE), domed, sloped (AmE), sloping (BrE) …   Collocations dictionary