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incomes policy

a government policy to curb inflation that relies on voluntary compliance rather than on mandatory wage, price, or profit controls.
Origin of incomes policy
First recorded in 1955-60 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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British Dictionary definitions for incomes policy

incomes policy

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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