Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- v. Chiefly British To exempt from paying a value-added tax.
Examples
“At the same time, an expansive monetary policy clearly didn't solve the world's economic woes last year and is still feeding into the current crisis, so taking QE3 off the table would mean a zero-rate policy may continue for a while—ideal conditions for gold.”
The Wall Street Journal: Precious Little to Halt Rising Fear Factor
“Average American savers and investors in or near retirement are being forced by the Fed's zero-rate policy to take greater investment risks.”
“How can the Fed know now that a zero-rate policy will be required two years from now?”
The Wall Street Journal: The Folly of Economic Short-Termism
“Ending the zero-rate policy would be the next step.”
“The zero-rate policy only benefits mega-borrowers like federal and state governments, big banks and big corporations—a group not known for much net private-sector job creation.”
“Associated Press 2006: Bank of Japan ends zero-rate policy.”
“If the Fed finally raises rates by late 2014, its zero-rate policy will have lasted six years.”
The Wall Street Journal: Banks' Zero-Tolerance Is Tested by the Fed
“ Translation: The gravy train of luring customers with zero-rate introductory offers and then jacking rates up to sky-high penalty rates at the drop of a hat is over.”
Consumer Reports: Dimon: 15% of Chase credit-card prospects now "too risky"
“Except that there are three huge losers: savers earning 0%, small businesses not hooked into zero-rate loans and future taxpayers saddled with the debt when interest rates zoom.”
“Observers differ on the likely date of a first step away from the SNB's zero-rate policy.”
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