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tight money policy
tight mon·ey pol·i·cy or tight mon·ey


noun 
Definition:
 
scarcity of money for loans: a policy of raising interest rates to make money harder to borrow, thus reducing the amount of money in circulation, used as a measure to combat inflation
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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