Definition of belt-tightening in US English:



  • The introduction of rigorous reductions in spending.

    as modifier ‘belt-tightening measures’
    • ‘By late May, it was unclear how the belt-tightening would affect settlements.’
    • ‘Although the state's budget crisis demands that sacrifices be made, the belt-tightening is not equal.’
    • ‘The Student Union faces years of belt-tightening and substandard service provision in light of the annual budget published this week.’
    • ‘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.’
    • ‘On Sunday the Portuguese government approved belt-tightening measures that would bring the deficit to 2.9 percent.’
    • ‘The consequence of consumption growing faster than the economy as a whole for the past eight years has been a marked deterioration in the trade deficit, so a period of belt-tightening was in order.’
    • ‘Recruitment of new personnel has stopped and belt-tightening measures have been put in place, he added.’
    • ‘They are assuming that belt-tightening measures would be unpopular, and they would be voted out.’
    • ‘Amicus, which represents about half the company's UK workforce, warned belt-tightening measures would come into force if a plan being drawn up for the company by Swiss-firm UBS was carried out.’
    • ‘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.’
    • ‘In his new budget Davis not only spares them from belt-tightening, he hikes their pay 33.76% over the next five years.’
    • ‘The legislature froze 75 percent of the GIO's annual budget this year, forcing the office to adopt belt-tightening measures.’
    • ‘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.’
    • ‘Membership is constrained by industry-wide belt-tightening measures that often restrict travel, corporate sponsorships, and funding individual membership dues.’
    • ‘And during the two economic slumps, when salaries were cut, and I considered belt-tightening measures, I did mull over the possibility of pruning those policies, since we did not seem to need them.’
    • ‘Nevertheless, in the wake of fines and legal fees related to the price-fixing probe, Christie's is proceeding with a number of serious belt-tightening measures.’
    • ‘After last year's belt-tightening, there's no reason to think that the expenditure ranking has improved.’
    • ‘The circumstances of the succession and the dismal, almost bankrupt, situation the province found itself in at the time, gave him leeway to announce severe belt-tightening measures.’
    • ‘His firm stance was backed by 62 percent of the population, a poll showed, despite widespread reservations about the belt-tightening measures themselves.’
    • ‘The DA objected to adjustments resulting from cost-saving implemented by the provincial Treasury as part of its belt-tightening measures.’