fiscal policy

fiscal policy definition - business

fiscal policy

The existing policy the government has for spending and taxing. Fiscal policy directly affects economic variables such as tax rates, interest rates, and government programs that influence security prices. See also monetary policy.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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