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fiscal cliff

noun
/ˌfɪskl ˈklɪf/
/ˌfɪskl ˈklɪf/
(economics经济学)
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  1. a situation in which the combination of a number of financial factors could result in sudden and very serious damage to a country’s economy财政悬崖:多种金融因素共同作用可能导致一国经济突然受到非常严重破坏的情况
    • This nation is facing a fiscal cliff that some say could plunge us back into recession.这个国家正面临财政悬崖,有人说这可能使我们再次陷入衰退。

See also: fiscal cliff


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