stringency
- noun
- /ˈstrɪndʒənsi/
- Specialized
- Government programs often face cuts during times of fiscal stringency, leading to reduced services for the public.
- fiscal stringency
- economic stringency
Examples
-
Why do we bother to preserve them, and why do we go on encouraging their production, even in times of economic stringency?
Academic text (1993) -
This has meant financial stringency and default for even the largest of the oil companies, including Yukos and Sidanko.
Academic text (1999) -
It was replaced within three years by fiscal and economic stringency.
Academic text (2006) -
Hoover's fiscal stringency turned a major recession into the Great Depression.
Blog text (22) -
Publication of the more recent manuals has been delayed many months, but through no fault of the NMFS staff, because of the current funding stringencies in the U.S. government.
Academic text (1996) -
Similarly, government funding for the publication of the regular conflict supplement of the Indicator South Africa and for the monitoring studies that filled it was relatively generous until recent fiscal stringencies.
Academic text (1998) -
Even though the economic stringencies of late nineteenth-century Great Plains agriculture drove many black farm families to the cities to find work, the migration continued, though the destinations shifted.
Academic text (1998) -
This is followed by an explanation of the interesting second- and third-order effects that have emerged from the confluence of inelastic Korean demand for weapons and continued conditions of fiscal stringency.
Academic text (2001) -
They mentioned the many and conflicting demands of the job, heavy teaching loads that accompany the escalating financial stringency faced by institutions, and declining interest in or funding for research.
Academic text (2005) -
The company's survival depended on its ability to navigate through financial stringency in the current market.
Synonyms
A situation when money problems make it hard to manage things
A limit on how much money you can spend
A time when banks lend less and interest rates are high
A situation where money or credit is hard to get
Antonyms
How Constrained
Surface Forms
Morphology
Etymology
Stringency also comes from the same Latin stringere 'to draw tight', giving the image of money or credit being pulled closed. So in finance, stringency means money is hard to get and people must spend less.