loose money—
1. money in a mixture of denominations; money that is not tied up or packed:
- James swept some loose money off the counter into the till.
2. money amassed by dubious means (as in campaign contributions, etc.):
- The mayor retires with a substantial account filled with loose money he received.
3. (Banking) money available to borrowers in greater supply and under fewer restrictions:
- The twin policies of “loose money” and “high taxes” are totally destructive to the economies of the third world.
tight money—(Banking) money available to borrowers in limited supply and at high interest rates:
- Labor has been weakened by government policies of tight money and restrictive budget policies to contain inflation.