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belt-tightening /ˈbɛltˌtaɪtn̩ɪŋ/  

Anh-Anh
  • noun
    [noncount] :a reduction in spending :changes that are made in order to save money
    The recession has caused many companies to do some belt-tightening. - often used before another noun
    a belt-tightening measure/move/policy - see also tighten your belt at 1belt