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Meaning of “tightening” in the English Dictionary

"tightening" in Business English

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tighteningnoun [S or U]

uk   us   /ˈtaɪtənɪŋ/
ECONOMICS, BANKING, GOVERNMENT the ​activity of ​limiting the ​amount of ​money that ​people and ​companies are able to ​borrow or ​spend, for ​example by ​increasinginterestrates: credit/fiscal/monetary tightening There is ​pressure on the Bank of England to ​increase the ​pace of ​monetary tightening. A tightening of US ​monetarypolicy has always ​produced a ​majorslowdown in the ​economy.
(also tightening up) LAW, GOVERNMENT the ​action of making a ​rule, ​system, or ​lawstronger and more difficult to ignore: There has been a tightening of ​controls over ​domesticmedia and the ​internet. The ​regulator is expected to announce a tightening up of the ​rules.
ECONOMICS, COMMERCE a ​situation in a ​market where there is less of something ​available than is wanted or needed: The ​supply and ​demand pendulum for some metals has ​swung so far that further tightening of the ​market seems inevitable.
(Definition of tightening from the Cambridge Business English Dictionary © Cambridge University Press)
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“tightening” in Business English

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