Definition, Meaning & Synonyms
cash-strapped consumers
Noun
/kæʃ stræpt kənˈsuːmərz/
Definition
Individuals or households that have limited financial resources to meet their needs and expenses.
Examples
- Many cash-strapped consumers are cutting back on non-essential purchases.
- During the economic downturn, retailers focused on attracting cash-strapped consumers.
- Cash-strapped consumers often rely on discounts and promotions to make ends meet.
Meaning
Cash-strapped consumers struggle to afford essentials due to a lack of disposable income.
Synonyms
- Budget-conscious shoppers
- Financially constrained individuals
- Cash-poor households
