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English definition of “squeeze”

squeeze

verb [T]     /skwiːz/ FINANCE, ECONOMICS
to reduce the amount of money that a person, company, or government can spend or earn: Higher energy and utility bills are squeezing disposable incomes. squeeze profits/budgets/marginssqueeze taxpayers/consumers/borrowers Rising food prices continue to squeeze consumers ever harder.
to reduce the number of things that are produced or sold: squeeze supplies/exports European exports have been squeezed by the cheap dollar and equally cheap Chinese yuan.
(Definition of squeeze verb from the Cambridge Business English Dictionary © Cambridge University Press)
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