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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

hard landing  

Definition 1.

When the economy goes directly from a period of expansion to a recession. This might happen if a government or monetary authority is more restrictive in its fiscal or monetary policy than what is appropriate for the economy. opposite of soft landing.
 

Definition 2.

A term used to describe an economy going into recession as the government attempts to slow down inflation.
 
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