单词 | window guidance |
释义 | > as lemmaswindow guidance window guidance n. [after Japanese madoguchi-shidō ( < madoguchi teller's window, lit. ‘window opening’, also used to denote over-the-counter transactions + shidō guidance, direction)] Finance a form of credit control practised by the Bank of Japan from the 1950s to the early 1990s by which lending limits were given to commercial banks as guidelines rather than as legally binding restrictions; (by extension) a similar practice followed elsewhere. ΘΚΠ society > trade and finance > management of money > solvency > [noun] > credit > restriction of credit squeeze1920 window operation1961 window guidance1964 1964 Econ. Picture Japan (Keidanren) iv. 53 For several years after the War, the financial policy of the Bank of Japan was characterized more or less by a qualitative control policy or a selective loans system or a so-called ‘window guidance’. 1977 47th Ann. Rep. Bank Internat. Settlem. 60 In Japan the authorities kept ‘window guidance’ ceilings on bank credit expansion in force as a precaution. 2003 R. Werner Princes of Yen vi. 65 Thanks to tight window guidance, the economy slowed. 2015 R. M. Schramm Chinese Macroeconomy & Financial Syst. vii. 172 In the United States, the Fed has not provided anywhere near the level of window guidance found in China. < as lemmas |
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