Statutory Debt Limit

Dictionary Says

Definition of 'Statutory Debt Limit'

A debt limit established under the Second Liberty Bond Act of 1917 that limits the amount of public debt that can be outstanding. The Statutory Debt Limit, or debt ceiling, prevents the U.S. Treasury from issuing new debt once the limit has been reached. However, the debt limit can be raised, and has often been raised, with approval from the U.S. Congress.
Investopedia Says

Investopedia explains 'Statutory Debt Limit'

Often, Congress will approve increases to the statutory debt limit in order to avoid defaulting on its debt and to avoid suspension of government operations. During the financial crisis in 2009, the U.S. Congress raised the debt ceiling to $12.4 trillion, an increase of $290 billion.
Search results for

'Statutory Debt Limit'

  • A New World For Bond Investors - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0611/A-New-World-For-Bond-Investors.aspx
    ... Some of this is due to mostly technical matters (like the statutory debt limit)
    and not an inability to refinance debt - the United States still enjoys very ...
  • How Safe Are US Bonds? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/Are-U.S.-Bonds-Really-Risk-Free.aspx
    ... of the furor over the US debt limit and the ... US cannot indefinitely support sizable
    deficits, high debt, and low ... The statutory value of that investment hasn't ...
  • Understanding FHA Home Loans

    http://www.investopedia.com/articles/mortgages-real-estate/08/fha-home-loans.asp
    ... The statutory limit for the geographic area in which the home is located. ...
    Debt-To-Income Ratios The FHA does not set a maximum limit for the debt-to-income ...
  • Financing Basics For First-Time Homebuyers

    http://www.investopedia.com/articles/mortgages-real-estate/08/homebuyer-financing-option.asp
    ... low as 3%. FHA loans cannot exceed the statutory limit. ... Lenders generally limit the
    maximum VA loan ($417,000 ... value ratio (LTV) and the debt-service coverage ...
  • Protect Your Personal Assets

    http://www.investopedia.com/articles/pf/08/family-limited-partnership.asp
    ... partnership and take specific partnership assets to satisfy a partner's debt or
    judgment. ... paid in full or until the expiration of a statutory time limit. ...
  • History Of The US Federal Trade Commission

    http://www.investopedia.com/articles/financial-theory/10/the-us-federal-trade-commission.asp
    ... Both laws prohibited business practices that would limit or eliminate competition ...
    Benefits of Federal Trade Commission Oversight and Statutory Powers Acquiring ...
  • CFA Level 1 Study Guide - Ethics and Standards - Standard II-A ...

    http://www.investopedia.com/exam-guide/cfa-level-1/ethics-standards/standard-nonpublic-information.asp
    ... 9.11 Accounting For Long-Term Liabilities; 9.12 Post-Retirement Obligations;
    9.13 Effects Of Debt Issuance; 9.14 Implications Of Debt ...

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