ceiling

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ceiling

Vox populi A maximum, upper limit. See Glass ceiling, Nondisclosure ceiling.
References in periodicals archive ?
Although the two firms said the interest rate cap did not have material impact on business, Szlapak said the emergence of strong fintechs will certainly eat into the market share of the main financial institutions.
This is a threat to growth in the Kenyan economy which relies heavily on bank lending and private sector credit growth which had been flattening since 2015, has slowed since the rate cap.
Following in the footsteps of several African countries seeking to protect consumers, Kenya has enacted interest rate caps.
Aite Group expects the ratios to shift once the interchange rate cap is in place.
Fifteen states and the District of Columbia have imposed 36 percent rate caps, which the Center for Responsible Lending has found to be the most effective tool against payday lending.
Still, restoring an interest rate cap is the time-tested reform which has proven most effective in curbing abusive money lending.
In a sales situation, however, problems can occur if the broker creates an expectation in the client that the renewal rate cap is directly linked to the index performance.
Another possibility is an unintended consequence: the tax rate cap institutionalized an acceptable property tax rate higher than the one that already existed.
On behalf of the consumer lobby, Proxmire resisted adjustable rate mortgages--he now admits he was wrong--and insisted that the deposit interest rate cap be lifted.
The rate cap law was passed in August 2016 in response to the high cost of credit that saw banks make huge profits.
According to her, public investments have been driving economic growth since the introduction of Interest rate caps while the private sector has been disadvantaged when it comes to credit access, and it can only play a significant role if the rate cap is reviewed.
South Africa recently introduced a rate cap on unsecured consumer lending, which has led to a retrenchment from this segment by some banks.