fiscal drag

noun

The deflationary pressure on the economy that results from the government's net fiscal position (spending minus taxation) failing to cover the net savings desires of the private economy.

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Meanings

nounfiscal drag (countable and uncountable, plural fiscal drags)

plural fiscal drags

  1. countableuncountableeconomicsThe deflationary pressure on the economy that results from the government's net fiscal position (spending minus taxation) failing to cover the net savings desires of the private economy.
Cite this entry
APA

fiscal drag. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/fiscal%20drag

MLA

“fiscal drag.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/fiscal%20drag. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “fiscal drag,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/fiscal%20drag.

Source: fiscal drag on Wiktionary, CC BY-SA 4.0.