spending cuts JUST WRITTEN FOR YOU
/ˈspɛndɪŋ kʌts/ · spend·ing cuts
noun
- A reduction or elimination of government spending or expenses. The government implemented spending cuts to balance the budget.
- A decrease in the amount of money spent by an individual or organization. The company made spending cuts to stay profitable during the economic downturn.
verb
- To reduce or eliminate government spending or expenses. The government will spend the next year cutting spending to meet the new budget targets.
- To decrease the amount of money spent by an individual or organization. The company will have to cut spending to stay profitable.
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Did you know? The term 'spending cuts' is often used in the context of fiscal policy and budgeting, particularly in discussions about government spending and taxation.