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tight money

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Definition of tight money in English:

noun

[mass noun] Finance
Money or finance that is available only at high rates of interest.
Example sentences
  • Second, most Russians believe that tight money (low inflation, high interest rates) has not worked during the last four years.
  • He argued against such policies as central bank autonomy, tight money, fiscal austerity, and social retrenchment.
  • The phrase ‘solid monetary and fiscal policies’ referred to tight money and federal budget balancing - measures that have long been showered with media praise.

Definition of tight money in:

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