Meaning Of The Word Fiscal drag
What's the definition of Fiscal drag? Find Fiscal drag meanings, definitions and more at the Real Dictionary online.
Fiscal drag Meaning
| Fiscal drag Definition |
|---|
What's The Definition Of Fiscal drag?
fiscal drag in British English
noun: the process by which, during inflation, rising incomes draw people into higher tax brackets, so that their real incomes may fall; this acts as a restraint on the expansion of the economy |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- O-shaped ‐ adjective: resembling the rounded form of the…
- Strike note ‐ noun: the note produced by a bell when struck…
- Clean technology ‐ noun: techniques used in manufacturing processes…
- Achinese ‐ noun
- Image converter ‐ noun: a device for producing a visual image formed…
- Tooth rash ‐ noun
- Morally ‐ adverb: in a…
- Chemical pulp ‐ noun: wood pulp made from chemically treated and…
- Kuchipudi ‐ noun: a form of S Indian…
- Addlement ‐ noun: a process or state of…