purse strings

plural noun

Definition of purse strings 

: financial resources also : control over these resources

Examples of purse strings in a Sentence

Recent Examples on the Web

Working on efficiency projects with the people who hold companies’ purse strings may allow consultants to cross sell big marketing projects. Stephen Wilmot, WSJ, "Tech Consultants Are the New Mad Men," 9 Nov. 2018 Yes, money knows no boundaries, but some CEOs and venture capitalists do grumble about whether a country with a shoddy human rights record should be holding the purse string in the American economy’s most vibrant, innovative sector. Theodore Schleifer, Recode, "In the Tesla drama, Saudi Arabia reminds Silicon Valley of its weight," 13 Aug. 2018 For much of the twentieth century, the real power in American politics rested not with U.S. representatives or senators but with the governors, mayors, and assemblymen who controlled local purse strings. Yascha Mounk, The New Yorker, "The Rise of McPolitics," 12 Jan. 2015 But with owner Mike Ashley seemingly continuing to keep the purse strings drawn despite claiming there will be money available this summer, the St James' Park manager may have to offload in order to finance his transfer targets. SI.com, "Newcastle Willing to Offload Fan Favourite to Finance Other Moves This Summer," 4 June 2018 Madrid already held Catalonia’s purse strings before direct rule was imposed because of earlier attempts to foment secession. Jeannette Neumann, WSJ, "Spain Ceases Direct Rule in Catalonia," 2 June 2018 But with some member states keen to tighten the European Union's purse strings, Horizon Europe's budget is likely to go down in coming negotiations with the European Parliament and EU member states. Tania Rabesandratana, Science | AAAS, "Europe’s science spending set for another big boost," 31 May 2018 Yet, that does not seem to be the understanding held by owner Mike Ashley, and ultimately its his closed purse strings that decide whether that investment happens or not. SI.com, "Newcastle Simply Can't Risk Losing World-Class Rafa Benitez Over Reasonable Contract Demands," 29 May 2018 Despite that result, Neves can expect to see his loyalty rewarded with big name signings this summer as Wolves owners look to loosen the purse strings once more in an attempt to become a competitive Premier League force. SI.com, "Man Utd & Liverpool Dealt Major Blow as Summer Transfer Target Pledges Future to Wolves," 7 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'purse strings.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of purse strings

circa 1530, in the meaning defined above

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Last Updated

18 Nov 2018

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Time Traveler for purse strings

The first known use of purse strings was circa 1530

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