credit ceiling

The credit ceilings laid down under this agreement are also a very positive aspect for the Portuguese market.

Lenders set a maximum amount they are willing to lend (credit ceiling), which might be smaller or larger than the borrowing needs of the country.

"Certainly MasterCard of California has given me a credit ceiling far beyond my needs or assets.

Credit ceilings were removed.

If desired lending is higher than the credit ceiling, some countries will not receive funds, and credit rationing will occur.

Determine credit ceilings.

The Belgian central bank also lowered several other interest rates, including the rate for overnight advances to financial institutions within their credit ceilings, which fell from 6.85 to 6.75 percent.

Ironically, the one company with which U. S. Leasing is currently up against its self-imposed credit ceiling is the General Motors Corporation, he added.

Banks had originally had credit ceilings, a practice not in line with a market-based financial system, and Hanfi did away with them and brought capital adequacy in line with international requirements.

That requires two conditions, one that you have no long term debt, and that under the capital control regime which exists on the legislation, you have what is termed a nil or negative credit ceiling.

Government officials have estimated that the credit policies of the bank under Viktor Gerashchenko, its acting chairman, have already pushed the Government close to its self-imposed 1992 credit ceiling of 750 billion rubles.

As the probability of default is higher when debt is higher, there exists a level of lending that maximises expected return to the lender, and so the credit ceiling will depend on the probability of default.

It regulates banks' credit in terms of volume and types of credit, by imposing credit ceiling, by directing credits towards specific purposes or sectors and setting the terms and regulations governing credits in general.

Although American Express does not have a credit ceiling for a card member, Emily Porter, a spokeswoman, said: "Don't charge your whole wedding reception on the card and then try to use the card to take your honeymoon."