stringency
strin|gen|cy /str'ɪndʒənsi/
[N-UNCOUNT] supp N
Financial stringency is a situation in which a government or person does not have much money or is trying not to spend much. (FORMAL)
In times of financial stringency it is clear that public expenditure has to be closely scrutinized.
[N-UNCOUNT] supp N
Financial stringency is a situation in which a government or person does not have much money or is trying not to spend much. (FORMAL)
In times of financial stringency it is clear that public expenditure has to be closely scrutinized.