debt limit

• Gesetzlich festgelegte Obergrenze für die Gesamtverschuldung eines Staates; im politischen und wirtschaftlichen Kontext häufig verwendeter Begriff.

The maximum amount of money that a government is legally allowed to borrow, often used in political and economic contexts.

1. Maximum borrowing amountC1formalamerican

   The maximum amount of money that a government or organization is legally allowed to borrow.

   Schuldenobergrenze

   • Congress voted to raise the debt limit to avoid a default.
   • The government reached the debt limit and could not issue new bonds.
   • Negotiations over the debt limit often cause political tension.