Belt-tightening Definition
 bĕlt tītn-ĭng 
    noun
  
 Increased thrift and frugality; a reduction in spending.
 American Heritage 
A reduction of expenditures; economizing.
 Webster's New World 
(informal) A reduction in expenditure as a result of financial restrictions.
Wiktionary 
    adjective
  
 Of or involving the reduction of expenditures.
 Belt-tightening measures.
 Webster's New World 
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