downhold

American  

[doun-hohld] / ˈdaʊnˌhoʊld /

noun

1. the act of keeping spending, expenses, losses, inflation, etc., as low as possible or advisable.

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Etymology

Origin of downhold

down ¹ + hold ¹

Example Sentences

So far, the tourist downhold has been about as successful as Prohibition.

From Time Magazine Archive

What they originally proposed was a tax surcharge only; for them, the spending downhold that Congress insisted on came as a jolt.

From Time Magazine Archive

Instead of curtailing their foreign investments as a result of President Johnson's call for a "voluntary" downhold on dollar outflow, American business men are expanding faster than ever overseas.

From Time Magazine Archive

Lest it somehow be dimmed by unexpected reform, the U.P.'s reputation for pinching the penny is affectionately kept alive by an ever-expanding organization of U.P. alumni called The Downhold Club �an echo of the constant warnings to "downhold" expenses that emanate from U.P.'s headquarters in the New York Daily News building.

From Time Magazine Archive