What is the meaning of Debt Limit?

Debt Limit is the maximum statutory or constitutional amount of debt that the general obligation bond issuer can either issue or have outstanding at any time.

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APABarry Goldsmith. (2010). debt limit. Retrieved September 24, 2026, from http://smartdefine.org/debt_limit/definitions/1151546
ChicagoBarry Goldsmith. 2010. "debt limit" http://smartdefine.org/debt_limit/definitions/1151546 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, debt limit, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/debt_limit/definitions/1151546>.
MLABarry Goldsmith. "debt limit" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/debt_limit/definitions/1151546>
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