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ceiling
(redirected from Usury Ceilings)

   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.
14) In the 1980s, the rent-to-own industry convinced more than 45 state legislatures to adopt its preferred safe-harbor legislation--treating week-to-week contracts as renewable leases, not as purchases over time--thus exempting the business from state small-loan usury ceilings, retail installment sales acts, and other credit sale laws.
Low usury ceilings in a number of states meant that small-value consumer loans could not be made profitably.
 
 
 
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