word
deadweight loss
DED-wayt LOS
ˈdɛdweɪt lɒsListen
Hear it in a clear American voice. Slow it down to catch each syllable.
Syllable breakdown
deadweightloss
Dictionary meaning
The loss of economic efficiency when the market equilibrium is not achieved due to taxes, subsidies, or monopolies.
Examples
- Rent control creates deadweight loss by reducing the quantity of housing supplied.
Learn one new pronunciation a day
Get a word, name or idiom like “deadweight loss” in your inbox — daily or weekly, free. Unsubscribe any time.
Something wrong? Suggest a correction