PRICE CEILING Definition

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PRICE CEILING is a government-imposed limit on how high a price can be charged on a product.

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IMPAIRED ASSETS, in banking, applies to all problem assets which banks hold, and is not limited to problem loans. In addition to loans, it also captures off- balance sheet exposures and assets which have come onto banks balance sheets through enforcement of security conditions. See IMPAIRMENT OF VALUE.

TOTAL ASSETS is the total of all assets; both current and fixed.

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