Share this entry
fiscal cliff Line breaks: fis¦cal cliff

Definition of fiscal cliff in English:


A situation in which a particular set of financial factors cause or threaten sudden and severe economic decline: the massive new spending programme threatens to send our nation over a fiscal cliff, leading to even higher taxes and fewer jobs
More example sentences
  • Congress has returned from Thanksgiving break to tackle the looming fiscal cliff.
  • This afternoon, the President and Speaker Boehner met at the White House to discuss efforts to resolve the fiscal cliff.
  • Until recently, investors were treating the "fiscal cliff" with a measure of nonchalance.
Definition of fiscal cliff in:
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Subscribe to remove ads and access premium resources