ALL meanings of fiscal cliff
fis·cal cliff
F f - noun fiscal cliff a governmental or personal financial crisis that is brought on by economic factors or policies: High housing costs have pushed many families over the fiscal cliff. Some municipalities are on the edge of a fiscal cliff after years of overspending. 1
- noun fiscal cliff (specifically) a financial crisis that threatens to disrupt the economy or personal finances and is brought on by steep governmental spending cuts and tax increases: Congressional legislation to avert the fiscal cliff. 1
- countable noun fiscal cliff A fiscal cliff is a situation in which sudden changes in government spending and tax have a big and sudden effect on a country's economy. 0
- noun fiscal cliff a situation in which sudden changes in government expenditure and taxation have a profound effect on a country's economy 0
- noun fiscal cliff (politics, economics) A situation where a number of large spending or taxation bills begin or end simultaneously. 0