zero lower bound

noun

A situation where nominal interest rates are close or equal to zero.

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Meanings

nounzero lower bound (plural zero lower bounds)

plural zero lower bounds

  1. economicsA situation where nominal interest rates are close or equal to zero.
Cite this entry
APA

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

MLA

“zero lower bound.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/zero%20lower%20bound. Accessed November 4, 2026.

Chicago

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

Source: zero lower bound on Wiktionary, CC BY-SA 4.0.