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.

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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

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