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Cheap money   /tʃip mˈəni/   Listen
Cheap money

noun
1.
Credit available at low rates of interest.





WordNet 3.0 © 2010 Princeton University


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"Cheap money" Quotes from Famous Books



... more than one prefectural governor at eight in the morning. His Excellency of Yamagata sets a good example by rising at five and by going to bed at nine. He told me that he thought the farmer's chief lack was cheap money. Low interest and a long term might convert into arable 25,000 acres of barren land in his prefecture. In the old days, as I knew, the farmers drove tunnels considerable distances for irrigation, but with modern engineering ...
— The Foundations of Japan • J.W. Robertson Scott
... almost double the electoral vote of his opponent. The House was Democratic, and the Senate soon became so. Business prosperity was rising again to a high level, but there were many features of financial and speculative weakness in the situation, intensified by growing fear of a cheap money (silver dollar) inflation under the act of 1878 providing for the annual purchase of silver. A financial panic occurred in September, 1893, six ...
— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter


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