tight money
2
7.5
- noun
- Literature
:
dinero escaso
- Many families faced challenges in obtaining credit due to tight money policies in the economy.
- tight money policy
Examples
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During periods of tight money, businesses often struggle to secure loans for expansion.
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Then the Depression would have been caused by tight money in the early 1930s, not easy money in the 1920s.
Blog text (34) -
The Great Depression is easy to explain in technical terms: tight money.
Blog text (34) -
The results of sustained tight money have not been what was expected.
Blog text (4) -
I said conservatives support tight money.
Blog text (12) -
Does this help explain why tight money and stagnant median income have come together?
Blog text (16) -
The conservatives who ran the economy most definitely did favor the tight money of 1929-33.
Blog text (12) -
Scott, I agree that tight money beginning in 1929 was a major causal factor in the Depression.
Blog text (34) -
Private buyers failed to materialize in sufficient force to purchase the crop, partly because of the lack of affordable credit from the commercial banks, which, in turn, was caused by the government's tight money policy.
Academic text (1994) -
Investors were cautious as the market contracted amid a climate of tight money and high interest rates.
Synonyms
23
5.5
A situation when money problems make it hard to manage things
8
4.5
A time when banks make loans harder to get because they have little money
1
6.4
A situation where money or credit is hard to get
A time when money and loans are hard to get
Antonyms
How Tight
Surface Forms
Morphology
The constituents 'tight' (scarce) + 'money' (currency/wealth) transparently suggest a shortage of money, so a B1 learner would likely infer a general sense of scarcity. However, the full, technical sense—difficulty obtaining credit and higher interest rates as an economic/monetary-policy condition—is specialized and not fully predictable from the parts, so the expression is only partially transparent.
Etymology
Tight money comes from a simple picture: think of tight as 'not loose' and money being held tightly by banks so there is little to give out. So tight money means a time when it is 'hard to borrow' and loan costs are high.