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

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

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

From Time Magazine Archive