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Ceiling
CeilingThe highest price, interest rate, or other numerical factor allowable in a financial transaction. RELATED TERMS-------------------------------------- Price The cost of a good or service to the consumer. Interest The amount of money a lender loans a borrower to pay for using the borrower's principal. Factor A financial institution that buys a firm's accounts receivable and collects the accounts. Transaction A single business deal; a sale or purchase; or the crediting or debiting of an account. SIMILAR TERMS-------------------------------------- Ceiling amount Ceiling amount is the amount determined by the Secretary for the tax rate category in which such taxpayer falls, not less than $20,000. PREVIOUS AND NEXT TERMS-------------------------------------- Cashout laws These laws enable shareholders to sell their stakes to a "controlling" shareholder at a price based on the highest price of recently acquired shares. Casualty insurance Insurance which gives protection to a business or homeowner against property loss, damage and injury to a third party. Casualty loss A financial loss caused by damage, destruction, or loss of property as a result of an unexpected or unusual event. Catastrophe call Early redemption of a municipal revenue bond because a catastrophe has destroyed the project that provided the revenue source backing the bond. Cats and dogs Speculative stocks with short histories of sales, earnings, and dividend payments. Ceiling Central bank The major regulatory bank in a country, usually government controlled. Central bank intervention The buying or selling of currency, foreign or domestic, by central banks in order to influence market conditions or exchange rate movements. Central Limit Theorem The Law of Large Numbers states that as a sample of independent, identically distributed random numbers approaches infinity, its probability density function approaches the normal distribution. Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. Certainty equivalent An amount that would be accepted today (risk free) in lieu of a chance to receive a possibly higher, but uncertain, amount. We thank you for using the Financial Dictionary to search for Ceiling. If you have a better definition for Ceiling than the one presented here, please let us know by making use of the suggest a term option. This definition of Ceiling may be disputed by other professionals. Our attempt is to provide easy definitions on Ceiling and any other medical topic for the public at large.
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