Debt limit


 

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Debt limit

The maximum amount that a municipality can borrow.



Debt limit

Similar Matches

Sell limit order

Sell limit order

Conditional trading order that indicates that a security may be sold at the designated price or higher. Related: Buy limit order.


Limited partner

Limited partner

A partner who has limited legal liability for the obligations of the partnership.


Limited liability

Limited liability

The principle that the liability of shareholders for debts of a corporation or limited company is limited to the nominal value of their shares. In other words, their personal assets are not at risk if the company becomes insolvent and is liquidated.


Resyndication limited partnership

Resyndication limited partnership

The sale of existing properties to new limited partners, so that they can receive the tax advantages that are no longer available to the old partners.


Cost of limited partner capital

Cost of limited partner capital

The discount rate that equates the after-tax inflows with outflows for capital raised from limited partners.


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