Ceiled
Definitions
- (v.) Past tense of ceil, meaning to set a maximum limit (e.g., on prices, interest rates).
The regulator ceiled the interest rates to protect consumers.
Related terms
See also
Commentary
As an inflected form, 'ceiled' is primarily used in contexts involving limits or maximum thresholds set by law or regulation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.