nairu
or NAI·RU
[ ney-roo ]
/ Ë?neɪ ru /
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noun Economics.
nonaccelerating inflation rate of unemployment: the lowest level of unemployment an economy can handle without causing inflation.
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Origin of nairu
First recorded in 1975–80; acronym
Words nearby nairu
naira, NAI register, Nairn, Nairnshire, Nairobi, nairu, Naismith, Naismith's rule, naissance, naissant, naive
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
Example sentences from the Web for nairu
It was this whole view, something called the NAIRU—the non-accelerating inflation rate of unemployment.
British Dictionary definitions for nairu
NAIRU
/ (Ë?naɪruË?) /
n acronym for economics
non-accelerating inflation rate of unemployment: the rate of unemployment at which inflation is neither accelerating nor deceleratingAlso called: natural rate of unemployment
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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