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Definitions from WordNet

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Cheap Money

Description:

Cheap money refers to low-cost or low-interest rates on loans or credit. It is a term commonly used in finance and economics to describe the availability of funds at low borrowing costs.

Uses:

Noun: In the strictest sense, cheap money can refer to a condition where interest rates are extremely low, making it easier and cheaper for individuals and businesses to borrow money.

Adjective: Cheap money can also be used as an adjective to describe loans or credit that have low interest rates or are easily accessible.

Examples:

Noun:

1. During times of economic downturn, central banks often implement policies to promote cheap money in order to stimulate borrowing and spending.
2. Investors eagerly await announcements from the Federal Reserve regarding the possibility of cheap money.

Adjective:

1. The company was able to expand its operations quickly due to the availability of cheap money.
2. Sam secured a cheap money loan to buy a new car at a significantly reduced interest rate.

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