â¢ PRECAUTION (noun) The noun PRECAUTION has 3 senses: 1. a precautionary measure warding off impending danger or damage or injury etc. 2. the trait of practicing caution in advance. 3. judiciousness in avoiding harm or danger. Familiarity information: PRECAUTION used as a noun is uncommon.
Meaning of Naira. Naira is an Arabic name for girls that means âradiantâ, âbrilliantâ, âfull of lightâ. Naira female name belongs to christian Armenian people and it is related to their motherland history which is located in eastern turkey not Arab region.
The NAIRU, in Estrella and Mishkinâs view, should be interpreted as the unemployment rate consistent with steady inflation in the near term, say, over the next 12 months. The level of unemployment consistent with a steady inflation rate over such a time horizon can change significantly.