Outrageously Funny Word Dictionary :: Underceiling

👉 Underceiling is a concept in economics and finance that refers to the point at which an investor or borrower must pay a premium to access a loan or investment. This premium is typically based on a fixed interest rate, such as LIBOR (London Interbank Offered Rate), but it can also be based on other factors like creditworthiness or market conditions. Underceiling occurs when an investor or borrower has exceeded the maximum amount they can borrow at a given time and must pay additional fees.

underceiling