cash limit

Maximum withdrawal allowed

A cash limit is a maximum amount of money allocated for a particular purpose, typically set by governments or institutions to control spending.

Departments or programs operating under cash limits cannot exceed their budget regardless of demand: The NHS faced a strict cash limit that couldn't accommodate rising patient numbers.

The term emphasizes that the cap is absolute, not adjustable for inflation or unforeseen costs.

Related

rainy day fund · overdraft · finances · balance · account · withdrawal · bank account · fiscal restraint · budget constraint · tight budget · overdraft protection · debt management · banking · economy · payment gateway · allocation · financial · austerity

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Opposites
financial constraint

cash limitblank check

Unrestricted authority document

carte blanche · bottomless pit · deep pockets · free spending · slush fund

budgetary flexibility

cash limitdiscretionary spending

Non-obligatory personal expenditures

Family

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