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⇱ dear money | meaning of dear money in Longman Dictionary of Contemporary English | LDOCE
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dear money
From Longman Business Dictionary
dear money
ˌdear ˈmoney
(
also
tight money
)
FINANCE
BANKING
money that
costs
a lot to
borrow
because
interest
rates
are high
He says that the days of dear money aren’t over, despite the interest rate cut.
→
money
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