Definition, Meaning & Synonyms
budgetary-restraint
noun
ˈbədʒəˌterē rɪˈstreɪnt
Definition
Limitations or controls placed on government or organizational spending and financial management.
Examples
- In times of economic uncertainty, companies often implement budgetary restraint to stay profitable.
- The city’s budgetary restraint allowed for a balanced budget despite rising costs.
- Budgetary restraints may limit the extent of new projects that can be undertaken this year.
Meaning
Budgetary restraint refers to the measures taken to control spending within a budget, often to maintain fiscal health or ensure sustainability.
Synonyms
- fiscal constraint
- spending limit
- financial discipline
- cost control
