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belt-tightening Syllabification: belt-tight·en·ing
Pronunciation: /ˈbeltˌtītniNG/

Entry from US English dictionary

Definition of belt-tightening in English:

noun

The introduction of rigorous reductions in spending: [as modifier]: belt-tightening measures
More example sentences
  • However, the double impact of higher oil prices and rising interest rates would see a notable squeeze on household spending and belt-tightening across the economy.
  • The company's full year financial results, announced today, shows various belt-tightening measures are paying off in a reduction of cash outflow, while sales have shown strong improvement from the last quarter.
  • The devastating inflation finally began to be brought under control by a set of draconian belt-tightening measures taken upon the advice of a Detroit banker and special adviser to SCAP.

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