incomes policy

English - English

Definition of incomes policy in English English dictionary

Collective governmental effort to control the incomes of labour and capital, usually by limiting increases in wages and prices. The term often refers to policies directed at the control of inflation, but it may also indicate efforts to alter the distribution of income among workers, industries, locations, or occupational groups. See also wage-price control

Hyphenation

incomes pol·i·cy

Turkish pronunciation

înkʌmz pälısi

Pronunciation

/ˈənˌkəmz ˈpäləsē/ /ˈɪnˌkʌmz ˈpɑːləsiː/