tighten the purse strings
Definition of tighten the purse strings
: to make less money available for spending School administrators are already tightening the purse strings.
Word by Word Definitions
: a small bag for money
: a receptacle (as a pocketbook) for carrying money and often other small objects
: a receptacle (as a pouch) shaped like a purse
: to put into a purse
: pucker, knit
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