Entry from US English dictionary
Definition of belt-tightening in English:
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.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.