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ceiling
(redirected from Rate Ceilings)

    Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
ceiling
Vox populi A maximum, upper limit. See Glass ceiling, Nondisclosure ceiling.
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This may be attributed to a number of factors, such as depreciation of rupee resulting in the rise in inflows through rupee denominated non- resident Indian ( NRI) accounts to take advantage of the depreciation, hike in interest rate ceilings on NRI deposits since September, 2008 and uncertainties in oilprices, which might have induced the workers to remit their money to India as a hedging mechanism due to its relatively better growth prospects," the report said.
61 pc of India- bound NRI funds are utilised for family maintenance by Mail Today (New Delhi, India)
The authority, which in 2009 implemented rate ceilings in the run up to and during certain major events, says accommodation inventory shifts in the market, equating to a better room supply-and-demand balance has led to a more competitive rate environment which in turn will act to keep rates reasonable.
Rate caps unlikely in competitive market by Travel & Tourism News
The authority, which this year implemented rate ceilings in the run up to and during certain major events, says accommodation inventory shifts in the market, equating to a better room supply and demand balance has led to a more competitive rate environment.
Event hotel rate hikes in Abu Dhabi 'unlikely' by TradeArabia (Manama, Bahrain)
 
 
 
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