Meaning of “dear-money policy” in the English Dictionary


"dear-money policy" in Business English

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dear-money policynoun [ C or U ]

uk us

ECONOMICS, FINANCE a government policy that makes it expensive to borrow money, used as a way of reducing the amount of money being spent in a country:

The finance minister said he could not accept the dear-money policy as it would have an adverse impact on overall growth.

(Definition of “dear-money policy” from the Cambridge Business English Dictionary © Cambridge University Press)