Definition of "Debt Limit"

The maximum amount of debt that a municipality is permitted to incur--also known as "debt ceiling."

For expert help with your annuity call toll-free 866-866-1999
© Copyright 2004 - 2012 Total Return Annuities
Use This Free
Instant Annuity Calculator
Select your state, age, and gender and enter a dollar amount
Optional - Enter Joint Annuity info.
Enter a Premium Amount
and Click to Calculate
Need help? call 1-866-866-1999