TERMIUM Plus®

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ARGENT CHER [1 record]

Record 1 2004-06-29

English

Subject field(s)
  • Currency and Foreign Exchange
DEF

The condition that exists when a restrictive monetary policy is being pursued. Interest rates are high and credit is hard to obtain.

Key term(s)
  • expensive money

French

Domaine(s)
  • Politique monétaire et marché des changes
OBS

monetary restraint; restriction monétaire; resserrement monétaire; argent cher; argent rare : extrait du Glossaire de l'économie et reproduit avec l'autorisation de l'OCDE.

Key term(s)
  • argent rare

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
DEF

Referencia al elevado coste de los recursos monetarios con fines de capital circulante o de inversión, que se da cuando los tipos de interés alcanzan las cotas más altas, en ocasiones como consecuencia de las políticas de contención de la oferta monetaria, con vistas a frenar procesos inflacionistas.

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