You know what it looks like… but what is it called?
TAKE THE QUIZ“the purse”
The following 3 entries include the term the purse.
hold/control the purse strings
idiom: to make the decisions about how money is spent
loosen the purse strings
idiom: to make more money available for spending
tighten the purse strings
idiom: to make less money available for spending
Love words? Need even more definitions?
Merriam-Webster unabridged