incomes policy Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “incomes policy” in the English Dictionary

"incomes policy" in Business English

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incomes policynoun [C]

uk   us   UK
ECONOMICS a government plan to limit inflation by controlling the amount that people earn: Unions humiliated the government, sweeping aside its incomes policy which had tried to hold pay increases to 5%.
(Definition of incomes policy from the Cambridge Business English Dictionary © Cambridge University Press)
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