Try Our Apps


World Series Quiz

tight-money policy

tight-money policy in Culture

tight-money policy definition

A policy in which a central monetary authority, for example, the Federal Reserve System, seeks to restrict credit and raise interest rates. (Compare easy-money policy.)

Note: A tight-money policy might be pursued to limit inflation.
The American HeritageĀ® New Dictionary of Cultural Literacy, Third Edition
Copyright Ā© 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source

Word of the Day

Word Value for tight

Scrabble Words With Friends

Nearby words for tight-money policy