debt limit debt book • debt service · · · Info · Definitions · Characters · · debt limit · · Text Common · · Latin · · Scripts 10 · · Length Definitions · · · (noun) the maximum borrowing power of a governmental entity. Synonyms: debt ceiling. · · Noun Definition 1 Characters · · space U+0020 b latin small letter b U+0062 d latin small letter d U+0064 e latin small letter e U+0065 i latin small letter i U+0069 l latin small letter l U+006C m latin small letter m U+006D t latin small letter t U+0074