Money or finance that is available only at high rates of interest.
〔财政〕银根紧,信用紧缩,银根紧缩
Example sentencesExamples
Importantly, the tight money had always created pent-up demand in these three categories, which promptly catapulted the economy upward when monetary policy eased.
Second, most Russians believe that tight money (low inflation, high interest rates) has not worked during the last four years.
The salient point here is that the retrenchment was plainly not forced by tight money or credit.
He argued against such policies as central bank autonomy, tight money, fiscal austerity, and social retrenchment.
The phrase ‘solid monetary and fiscal policies’ referred to tight money and federal budget balancing - measures that have long been showered with media praise.
Definition of tight money in US English:
tight money
noun
Finance
Money or financing that is available only at high rates of interest.
〔财政〕银根紧,信用紧缩,银根紧缩
Example sentencesExamples
Second, most Russians believe that tight money (low inflation, high interest rates) has not worked during the last four years.
Importantly, the tight money had always created pent-up demand in these three categories, which promptly catapulted the economy upward when monetary policy eased.
The phrase ‘solid monetary and fiscal policies’ referred to tight money and federal budget balancing - measures that have long been showered with media praise.
He argued against such policies as central bank autonomy, tight money, fiscal austerity, and social retrenchment.
The salient point here is that the retrenchment was plainly not forced by tight money or credit.