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Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- n. A limit or ceiling placed on a subdivision of a larger category, especially of nuclear weapons: negotiating sublimits on the number of land-based, intermediate-range missiles. Also called subceiling.
Examples
“But sublimits, particularly on their heavy ballistic missiles, were essential, and they had earlier agreed to a sublimit of 154 such missiles, each of which carried ten warheads.”
“Built-in subpoena sublimit for legal counsel assistance in document production and preparation for sworn testimonies;”
“The Amended Loan Agreement provides for a $6 million working capital line of credit with a $1.75 million sublimit for EXIM (Export-Import Bank qualified receivables) advances, $1.5 million sublimit for eligible foreign accounts receivables and a sublimit of $3 million for letters of credit and foreign exchange exposure and cash management services.”
“The letters of credit are subject to certain restrictions, including a borrowing base limitation and an aggregate sublimit of $15.0 million.”
“Consistent with the current agreement, the revolving line of credit commitment includes a sublimit of”
Stereotaxis Receives Commitment to Increase and Extend Credit Facility - Yahoo! Finance
“Added a $50M sublimit for certain foreign currency borrowings”
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