cash limit

noun

1. often plural a limit imposed as a method of curtailing overall expenditure without specifying the precise means of budgetary control

Example Sentences

Mr McArdle said in 2017-18, the council gave the then finance director Sean Clark permission to increase "non-specified" investments from £200m to £550m, and the cash limit for any one external fund manager from £75m up to £425m.

From BBC

As of mid-March 2023, Credit Suisse barely reached its internal cash limit at the Swiss National Bank.

From Reuters

The three-year agreement had an annual cash limit of $350,000, equal to the approximate annual revenue the Civic Center would have normally received from the Rush, Baltzer said.

From Washington Times

When the new guidelines come into force on 24 April, magistrates will be able to increase the fine to 150% - although the upper cash limit will stay the same.

From BBC

But the fact there will be some sort of stated cash limit will make things clearer.

From BBC