cheap money
Definition
Credit available at low interest rates (but not lower borrower qualifications). When governments want to encourage business activity to generate employment, they lower the reserve requirements for banks who are able to increase their lending at lower rates and without loss of profit. Also called easy money, it is the opposite of tight money. See also free money.
cheap money is in the Banking, Commerce & Finance and Economics, Politics, & Society subjects.
cheap money appears in the definition of the following term: easy money
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