CHEAP MONEY • FREE TRANSLATOR.ORG • Definition of Cheap money

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/tʃip mˈəni/ Listen

Cheap money

noun

Credit available at low rates of interest.

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Etymology of 'Cheap money'

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"Cheap money" Quotes from Famous Books

... 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

... 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