credit squeeze

American  

noun

1. a restraint or limitation of credit.

---

credit squeeze British  

noun

1. the control of credit facilities as an instrument of economic policy, associated with restrictions on bank loans and overdrafts, raised interest rates, etc

---

Etymology

Origin of credit squeeze

First recorded in 1950–55

Example Sentences

Gregory Daco, chief economist at the consulting firm EY-Parthenon, said he thinks a significant credit squeeze would have “slightly more’’ of an economic impact than the quarter-point rate hike the Fed announced Wednesday.

From Seattle Times • Mar. 23, 2023

But then, facing huge losses as the global credit squeeze hit hard, it was bailed out by the British government and reined in its ambitions.

From New York Times • Dec. 2, 2021

Volcker imposed a ferocious credit squeeze, and Reagan supported this wildly unpopular policy.

From Washington Post • Oct. 19, 2021

These are areas that have been particularly damaged by the credit squeeze and problems in the eurozone, with lenders scaling back loans and dramatically tightening lending criteria.

From The Guardian • Aug. 1, 2012

"At this point it looks like being very disruptive in the short term ... the credit squeeze could be quite violent," said Nicolas Veron, a senior fellow at Brussels think-tank Bruegel.

From Reuters • Jan. 18, 2012

Related Words

• restraint