Definition of tighten or loosen the purse strings in English:

tighten (or loosen) the purse strings

Restrict (or increase) the amount of money available to be spent: the job losses were the result of a tightening of the purse strings throughout the Civil Service
More example sentences
  • Banks and other investors tend to loosen the purse strings when business owners throw some of their own money into the mix.
  • The Scottish Executive wants to set an example by tightening the purse strings and understanding some economics.
  • When a club has to tighten the purse strings, that's when teams that do have a bit of money will be thinking they can pick up a couple of bargains and they'll all be sniffing about.
See parent entry: purse

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Word of the day flippant
Pronunciation: ˈflipənt
not showing a serious or respectful attitude