Try Our Apps


Gobble up these 8 terms for eating

tight-money policy

tight-money policy in Culture

tight-money policy definition

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.)

Note: A tight-money policy might be pursued to limit inflation.
The American HeritageĀ® New Dictionary of Cultural Literacy, Third Edition
Copyright Ā© 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source

Word of the Day

Word Value for tight

Scrabble Words With Friends