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ceiling
(redirected from Usury Ceiling)

   Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia 0.01 sec.
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


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In all, 47 percent of countries have disclosure requirements rather than usury ceilings, while 30 percent of countries use both.
They also express concern that placing overdraft protection programs under the Truth in Lending Act would cause fees to be treated as finance charges, thus resulting in the annual percentage rate exceeding 18%, thus violating the federal credit union usury ceiling.
Ted Strickland (D) signed legislation subjecting payday lenders to a 28 percent APR usury ceiling and other restrictions.
 
 
 
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