Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “fiscal policy”

fiscal policy

noun [C or U]
 
 
(plural fiscal policies) (also budgetary policy)
ECONOMICS, GOVERNMENT a government's plan for deciding how much money to borrow and to collect in taxes, and how best to spend it, in order to influence the level of economic activity: A sound fiscal policy aimed at reducing deficits in a sustainable way is necessary to growth and job creation.a loose/tight fiscal policy A loose fiscal policy would give the economy a badly needed short-term boost, but would fail to deal with a variety of deeper problems.
(Definition of fiscal policy from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of fiscal policy?
Add Cambridge dictionaries to your browser to your website

Word of the Day

debut

the occasion when someone performs or presents something to the public for the first time

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

silver splicer noun

November 17, 2014
informal a person who marries in later life Newly retired and now newlywed – rise of the ‘silver splicers’ Reaching pension age becomes a trigger to tie the knot as baby-boomers begin to redefine retirement

Read More