Definition of belt-tightening in English:

belt-tightening

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

Entry from US English dictionary

noun

The introduction of rigorous reductions in spending: [as modifier]: belt-tightening measures

Definition of belt-tightening in:

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Word of the day neoteny
Pronunciation: niːˈɒt(ə)ni
noun
retention of juvenile features in the adult animal