credit creation
noun[U]
ukusECONOMICS,BANKING
asituationin whichbanksmake moreloanstoconsumersandbusinesses, with theresultthat theamountofmoneyincirculation(= beingpassedfrom onepersonto another)increases:
MonthlyinflationrateshitalowinAugustbut have beenedgingup,duepartlytocreditcreation.