Definition of tight money in English:
noun[mass noun] Finance
Money or finance that is available only at high rates of interest.
- 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:
- US English dictionary
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