belt-tightening

[belt-tahyt-n-ing]

noun

1. a curtailment in spending; period of economizing.

   The mayor ordered a belt-tightening for all city offices.

Word History and Origins

Origin of belt-tightening¹

First recorded in 1935–40

Example Sentences

The belt-tightening at Hollywood studios, coupled with the lingering effects of the pandemic and dual writers’ and actors’ strikes in 2023 have constrained production spending, making it tougher for filmmakers to find buyers for their projects.

From Los Angeles Times

The region’s slowdown has been brutal: the twin strikes of 2023, studio belt-tightening, productions lured out of state and wildfires that shuttered work this year.

From Los Angeles Times

Leaders signaled that more belt-tightening was on the way, saying they would speed up plans to consolidate IT teams and streamline other administrative functions to funnel limited funds to teaching and research.

From Los Angeles Times

Skydance and RedBird have promised investors that it will find $2 billion in cost savings, which means further belt-tightening and layoffs.

From Los Angeles Times

Skydance and its backer, RedBird Capital Partners, have promised investors that it will find $2 billion in cost savings, which means further belt-tightening and layoffs.

From Los Angeles Times

Related Words

• decline 
• reduction 
• reversal