tight-money policy

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.)


Nearby words

  1. tight squeeze,
  2. tight-assed,
  3. tight-fisted,
  4. tight-knit,
  5. tight-lipped,
  6. tight-mouthed,
  7. tightass,
  8. tighten,
  9. tighten one's belt,
  10. tighten the screws

Note

A tight-money policy might be pursued to limit inflation.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.