1. The maximum amount of money that can be spent or allocated for a particular purpose, project, or organization within a specified period
The government imposed a budget ceiling of $2 million for the department's annual expenditure.
O governo impôs um teto orçamentário de 2 milhões de dólares para a despesa anual do departamento.
2. An upper limit on spending established by a budgeting authority or management
We need to ensure all our expenses stay within the budget ceiling set by the board.
Precisamos garantir que todas as nossas despesas permaneçam dentro do teto orçamentário estabelecido pelo conselho.