- fiscal policy
- Government spending and taxing for the specific purpose of stabilizing the economy. Bloomberg Financial Dictionary
* * *fiscal policy fiscal policy ➔ policy
* * *The budgetary policies through which a government influences the economy, such as changes in taxation and government spending.► See also Monetary Policy.
* * *fiscal policy UK US noun [C or U] (plural fiscal policies) (also budgetary policy)► ECONOMICS, GOVERNMENT a government's plan for deciding how much money to borrow and to collect in taxes, and how best to spend it, in order to influence the level of economic activity: »
A sound fiscal policy aimed at reducing deficits in a sustainable way is necessary to growth and job creation.a loose/tight fiscal policy »
A loose fiscal policy would give the economy a badly needed short-term boost, but would fail to deal with a variety of deeper problems.
Financial and business terms. 2012.