Definition of tight money in English:

tight money

Line breaks: tight money

noun

[mass noun] Finance
  • Money or finance that is available only at high rates of interest.
    More 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.

More definitions of tight money

Definition of tight money in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day maelstrom
Pronunciation: ˈmeɪlstrəm
noun
a powerful whirlpool in the sea