belt-tightening
Budgetary restraint measures
Belt-tightening is reducing expenses in response to financial pressure.
Organizations announce belt-tightening during budget shortfalls; households practice it when income drops.
The image is of cinching a belt tighter as one grows thinner from eating less: The company's belt-tightening included layoffs and travel freezes.
Often used attributively: belt-tightening measures.
Reductions in spending
- downsizingReducing workforce or scale
- retrenchmentReduction of expenditures
- layoffsMass job eliminations
- streamliningMaking more aerodynamic or efficient
consolidation · restructuring · pruning · curtailment · contraction · trimming · slashing · reduction
Careful use of resources
- savingsAccumulated money kept
- prudenceCareful, wise judgment
- conservationPreventing waste or loss
- simplicityLack of complexity
minimalism · moderation · resourcefulness · carefulness · husbandry · scrimping · economizing · tightwad
Giving up something precious
- self-denialRestraining one's own desires
- forbearancePatient self-control, delayed enforcement
- privationLack of necessities
- enduranceSustained effort capacity
suffering · struggling · deprivation · want · need
cutbacks
Reductions in spending
- downsizingReducing workforce or scale
- retrenchmentReduction of expenditures
- layoffsMass job eliminations
streamlining · consolidation · restructuring · pruning · curtailment · contraction · trimming · slashing · reduction · paring
thrift
Careful use of resources
- savingsAccumulated money kept
- prudenceCareful, wise judgment
- conservationPreventing waste or loss
simplicity · minimalism · moderation · resourcefulness · carefulness · husbandry · scrimping · economizing · tightwad
sacrifice
Giving up something precious
- self-denialRestraining one's own desires
- forbearancePatient self-control, delayed enforcement
- privationLack of necessities
endurance · suffering · struggling · deprivation · want · need
deficit
Amount still owed
downturn · slowdown · inflation · crisis · shortfall · insolvency · expenditure · revenue · recovery · stabilization
- money managementsaving, savings, budgeting, budget planning, expense tracking
- cutbackscutback, cutbacks, decrease, layoff, reduction
- frugalityfrugality, thrift, frugal, penny-pinching, economize
- Money-Saving Wordsthrifty, frugal, economical, budget-conscious, cost-conscious
- hard timeshardship, struggle, struggling, unemployment, tough times
- Reduceshrink, diminish, decrease, lessen, reduce
belt-tighteningsplurging
Spending freely, excessively
spending spree · extravagance · profligacy · free spending · splashing out
belt-tighteningstimulus spending
Government outlays boosting demand
expansion · deficit spending · economic stimulus · economic expansion · pump priming
belt, tighten, belts, belted, tightened, belting, tightens, tightening, unbelted