Definition of tighten (or loosen) the purse strings in English:

tighten (or loosen) the purse strings

phrase

  • 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’
    • ‘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.’
    • ‘Top-quality painters are further cursed by the fact that the painting phase occurs toward the end of most projects, when overextended owners are most likely to start tightening the purse strings.’
    • ‘It remains to be seen whether consumers tighten the purse strings even further or continue to spend.’
    • ‘It's all heartening stuff for investors, even if fans of the Bhoys would prefer Desmond to loosen the purse strings and strengthen the squad.’
    • ‘The Scottish Executive wants to set an example by tightening the purse strings and understanding some economics.’
    • ‘Thanks to the boost in attendance, the ownership group loosened the purse strings and went after some free agents.’
    • ‘We're asking the Prime Minister to loosen the purse strings and though we've said we don't want confrontation, we're heading towards strike action.’
    • ‘Kennet District Council is already warning councillors that it will have to tighten the purse strings for the next financial year.’
    • ‘Banks and other investors tend to loosen the purse strings when business owners throw some of their own money into the mix.’
    • ‘Now that we are back in funds, loosening the purse strings again, you have more credibility if it is somebody else.’