One of the mysteries of the English language finally explained.
Money or finance that is available only at high rates of interest.
- ‘He argued against such policies as central bank autonomy, tight money, fiscal austerity, and social retrenchment.’
- ‘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 phrase ‘solid monetary and fiscal policies’ referred to tight money and federal budget balancing - measures that have long been showered with media praise.’
- ‘The salient point here is that the retrenchment was plainly not forced by tight money or credit.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.