MLchartDataset catalogue

Ceiling

Term · Law · MLC-T-LAW-000899

A maximum limit or upper bound imposed on a particular quantity, price, or value. In legal and economic contexts, this can refer to a price ceiling, a cap on interest rates, or a limit on damages awarded in a lawsuit. These limits are often established by statute or regulation to control markets or mitigate risks.

Table 1. Record
IdentifierMLC-T-LAW-000899
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000899",
  "term": "Ceiling",
  "field": "Law",
  "definition": "A maximum limit or upper bound imposed on a particular quantity, price, or value. In legal and economic contexts, this can refer to a price ceiling, a cap on interest rates, or a limit on damages awarded in a lawsuit. These limits are often established by statute or regulation to control markets or mitigate risks.",
  "url": "https://mlchart.com/terminology/law/ceiling/"
}

Record 711 of 5,445 in Law terminology (MLC-0107). Request the full dataset.