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
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia