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What does A/C stand for?

A/C stands for Absolute Ceiling

This definition appears frequently and is found in the following Acronym Finder categories:

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Samples in periodicals archive:

There have been some exceptional weight-carrying performances in the past, but the first thing a rating check shows us is that Cyfor Malta's 154 gives us an absolute ceiling for the modern day.
The Boards of Maharatna CPSEs will have powers to make equity investment to establish financial joint ventures and wholly owned subsidiaries in India or abroad and undertake mergers and acquisitions, in India or abroad, subject to a ceiling of 15 percent of the net worth of the concerned CPSE in one project, limited to an absolute ceiling of Rs.
He said: "Although there is no absolute ceiling on the amount that can be earned, the time allocated for jobs controls the payment that can be made.
These mechanisms are intended not to place an absolute ceiling on domestic credit growth but rather to encourage financial discipline and discourage inflation in the Franc Zone countries.
Next year, in a significant expansion of the Maximum Allowable Actual Charge (MAAC) concept, Medicare will phase in an absolute ceiling on the amount a nonparticipating physician can charge a Medicare beneficiary on an unassigned claim.