dear-money policy Definition in the Cambridge English Dictionary
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Definition of “dear-money policy” - English Dictionary

Definition of "dear-money policy" - Business English Dictionary

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dear-money policynoun [C or U]

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ECONOMICS, FINANCE a ​governmentpolicy that makes it ​expensive to ​borrowmoney, used as a way of ​reducing the ​amount of ​money being ​spent in a country: The ​financeminister said he could not ​accept the dear-money ​policy as it would have an ​adverseimpact on ​overallgrowth.
(Definition of dear-money policy from the Cambridge Business English Dictionary © Cambridge University Press)
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