Definitions for "NAIRU"
The level of the unemployment rate at which prices rise at the same rate that they are expected to rise, and thus at which (since expectations needn't change) the rate of inflation does not then rise or fall. Stands for on- ccelerating nflation ate of nemployment.
Acronym for Non-Accelerating Inflation Rate of Unemployment -- the highest rate of unemployment that will not trigger unacceptably high inflation. Same as "Full Employment Point".
or non-accelerating-inflation rate of unemployment - another name for the natural rate of unemployment.