What is meant by debt ceiling??

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ICMA Final Student
147 Points Posted on 30 July 2011

Hi Friends....

                         You know what is meant by the concept of debt ceiling?? please explain.....

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On 30 July 2011 at 17:02 Report
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ACMA and BCOM
818 Points Posted on 30 July 2011

the maximum borrowing power

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On 30 July 2011 at 17:10
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ACCOUNTANT
35 Points Posted on 30 July 2011

Not very methodic in india,

 

Depends upon trends, goodwill , relations , resource,history of the borrower,

 

Limit for temporary or long term requirement for CC A/c O D expention.

 

this is conceptual plz help to formalise

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On 30 July 2011 at 18:04

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