cheap money
Học thuậtThân thiện
Definition
Noun: - Credit available at low rates of interest: "Cheap money" refers to a monetary policy condition where loans and credit are easily accessible with low interest rates, often set by a central bank to stimulate economic activity.
Usage Examples
- Noun:
- The central bank's policy created a period of cheap money, encouraging businesses to invest in new projects.
- Homebuyers benefited from cheap money, securing mortgages with historically low interest rates.
Advanced Usage
- Economic Context: The term is often used in financial and economic discussions to describe a deliberate policy environment.
- Analysts warned that prolonged cheap money could lead to asset bubbles.
- Historical Reference: Can refer to specific periods in economic history.
- The era of cheap money following the financial crisis lasted for nearly a decade.
Variants and Related Words
- Easy money (noun): A closely related term often used synonymously to describe credit that is readily available and inexpensive to obtain.
- Loose monetary policy (noun phrase): The broader economic policy stance that results in cheap money.
Synonyms
- Low-cost credit
- Inexpensive financing
Related Phrases
- Cheap money policy (noun phrase): The specific strategy of maintaining low interest rates.
- The government's cheap money policy aimed to boost consumer spending.
Noun
- credit available at low rates of interest