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nairu

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nai⋅ru

[ney-roo]
–noun Economics.
the nonaccelerating inflation rate of unemployment: the lowest level of unemployment an economy can handle without causing inflation.
Also, NAIRU.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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nai·ru   (nā'rōō)   
n.  The lowest unemployment rate that an economy can accommodate without causing inflation.

[n(on)a(ccelerating) i(nflation) r(ate of) u(nemployment).]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Abbreviations & Acronyms
Nairu
nonaccelerating inflation rate of unemployment
The American Heritage® Abbreviations Dictionary, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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