stringency Meaning in Cambridge Business English Dictionary
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Meaning of "stringency" - Business English Dictionary

stringency

noun [U]
 
 
/ˈstrɪndʒənsi/
a situation in which a law, test, etc. is extremely severe or limiting and must be obeyed: the stringency of sth The statute prohibits the adoption of environmental protections laws that exceed the stringency of federal regulations.
a situation in which companies or governments can spend only very little money because of difficult economic conditions: financial/fiscal/economic stringency
(Definition of stringency from the Cambridge Business English Dictionary © Cambridge University Press)
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