Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
debt limitation
A ceiling placed on borrowing by an individual, business, or government. ( The constitutions of many states prohibit the states from incurring debt in excess of a stated amount. Other state constitutions allow states to incur debt above a stated amount only through a vote of the people. - Also termed limitation on indebtedness. debt of record. See DEBI