Usually means: Reduces economic activity and spending.
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We found 6 dictionaries that define the word contractionary:

General (5 matching dictionaries)
  1. contractionary: Merriam-Webster
  2. contractionary: Oxford Learner's Dictionaries
  3. contractionary: Collins English Dictionary
  4. contractionary: Wordnik
  5. contractionary: Wiktionary

Medicine (1 matching dictionary)
  1. contractionary: Merriam-Webster Medical Dictionary

(Note: See contraction as well.)

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Definitions from Wiktionary (contractionary)

▸ adjective:  Tending to cause contraction.

Similar:
constrictory, myocontractile, constructive, spasmogenic, deflationary, contractural, regressionary, concentric, recessionist, bronchoconstricting, more...

Opposite:
expansionary, stimulative, growth-oriented

Types:
fiscal, monetary, supply-side, more...

Phrases:
contractionary fiscal policy, more...

▸ Words similar to contractionary

▸ Usage examples for contractionary

▸ Idioms related to contractionary

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▸ Popular nouns described by contractionary

▸ Words that often appear near contractionary

▸ Rhymes of contractionary

▸ Invented words related to contractionary

Similar:
constrictory, myocontractile, constructive, spasmogenic, deflationary, contractural, regressionary, concentric, recessionist, bronchoconstricting, more...

Opposite:
expansionary, stimulative, growth-oriented

Types:
fiscal, monetary, supply-side, more...

Phrases:
contractionary fiscal policy, more...



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