ceiling

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ceiling

noun acme, altitude, apex, apogee, climax, extreme, extremity, farthest point, height, highest degree, highest point, limit, maximum, optimum, peak, pinnacle, record, roof, summit, tectum, top, ultimate, utmost, uttost extent, utmost height, uttermost, vertex, zenith
Associated concepts: maximum income ceiling, maximum rent ceiling
References in periodicals archive ?
Consequently, banks discovered they could obtain funds that were free from reserve requirements and simultaneously circumvent the Fed's Regulation Q interest rate ceilings by borrowing Eurodollars from their foreign branches.
Finally, the interest rate ceiling associated with each loan was determined on the basis of the loan size, term-to-maturity, and the type of loan law governing the transaction.
Apart from lowering the interest rate ceiling, the proposed legislation contains tough punishments for lenders who resort to coercive collection tactics.
Muscat: Last week, the personal loan interest rate ceiling was reduced to six per cent from seven per cent at the time when the US economy is running into trouble.
This may be attributed to a number of factors, such as depreciation of rupee resulting in the rise in inflows through rupee denominated non- resident Indian ( NRI) accounts to take advantage of the depreciation, hike in interest rate ceilings on NRI deposits since September, 2008 and uncertainties in oilprices, which might have induced the workers to remit their money to India as a hedging mechanism due to its relatively better growth prospects," the report said.
In those days, there were interest rate ceilings - a legacy of the Great Depression of the 1930s -- on the interest rates financial institutions could pay for deposits.
Interest rate ceilings are imposed on borrowers by state governments.
Interest rate ceilings on deposits, if binding, remove the opportunity to compete since a new entrant cannot attract the inefficient incumbent's customers by offering a better interest rate.
But it is clear from the report that they have failed to consider key issues concerning the operation of interest rate ceilings that should have been picked up if they had read the literature available from the USA and Germany.
When interest rates went up and impinged upon the interest rate ceilings, the commercial banks could not raise money.
For years now, credit card companies have gotten around state-imposed interest rate ceilings by adopting a federal charter in a liberally regulated state (that's the reason why so many credit card issuers are based in Delaware).
Interest rate ceilings and trading practices were controlled as well.