incomes policy


incomes policy
incomes policy incomes policy policy

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   A broad term covers various direct forms of inflation control by a government. It can include a freeze or limitation on increases in prices, wages, dividends, investment income and rents.

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incomes policy UK US noun [C] UK
ECONOMICS a government plan to limit inflation by controlling the amount that people earn: »

Unions humiliated the government, sweeping aside its incomes policy which had tried to hold pay increases to 5%.


Financial and business terms. 2012.

Look at other dictionaries:

  • Incomes policy — Incomes policies in economics are economy wide wage and price controls, most commonly instituted as a response to inflation, and usually below market level.[1] Incomes policies have often been resorted to during wartime. During the French… …   Wikipedia

  • incomes policy — a government policy to curb inflation that relies on voluntary compliance rather than on mandatory wage, price, or profit controls. [1955 60] * * * incomes policy noun A government policy of curbing inflation by controlling wages • • • Main Entry …   Useful english dictionary

  • incomes policy — a government policy to curb inflation that relies on voluntary compliance rather than on mandatory wage, price, or profit controls. [1955 60] * * * Collective governmental effort to control the incomes of labour and capital, usually by limiting… …   Universalium

  • incomes policy — / ɪnkʌmz ˌpɒlɪsi/ noun the government’s ideas on how incomes should be controlled …   Marketing dictionary in english

  • incomes policy — / ɪnkʌmz ˌpɒlɪsi/ noun the government’s ideas on how incomes should be controlled …   Dictionary of banking and finance

  • incomes policy — A government policy aimed at controlling inflation and maintaining full employment by holding down increases in wages and other forms of income and prices by means of statute or moral suasion …   Big dictionary of business and management

  • prices and incomes policy — noun (C) government actions to prevent prices and incomes increasing, in order to stop or limit inflation …   Longman dictionary of contemporary English

  • policy — pol‧i‧cy [ˈpɒlsi ǁ ˈpɑː ] noun plural policies 1. [countable] also inˈsurance ˌpolicy INSURANCE a contract with an insurance company, or an official written statement giving all the details of such a contract: • She did not realize that her… …   Financial and business terms

  • policy — policy1 /pol euh see/, n., pl. policies. 1. a definite course of action adopted for the sake of expediency, facility, etc.: We have a new company policy. 2. a course of action adopted and pursued by a government, ruler, political party, etc.: our …   Universalium

  • government economic policy — ▪ finance Introduction       measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three …   Universalium


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