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单词 tight-money policy
释义

tight-money policy


A policy in which a central monetary authority, for example, the Federal Reserve System, seeks to restrict credit and raise interest rates. (Compare easy-money policy.)

notes for tight-money policy

A tight-money policy might be pursued to limit inflation.

Words nearby tight-money policy

tight forward, tight head, tight junction, tight-knit, tight-lipped, tight-money policy, tight-mouthed, tightrope, tightrope walker, tights, tight ship
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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更新时间:2024/11/12 9:54:29