dear money Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “dear money” in the English Dictionary

"dear money" in Business English

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dear moneynoun [U]

uk   us   (also tight money)
ECONOMICS, FINANCE money that is ​expensive to ​borrow, because the ​rate of ​interest is high: Even ​allowing for ​inflation, that is ​dearmoney.
(Definition of dear money from the Cambridge Business English Dictionary © Cambridge University Press)
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