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English definition of “squeeze”

squeeze

noun (LIMIT)    /skwiːz/
[C usually singular] a reduction or limit: The squeeze on profits in the oil industry has led to thousands of redundancies. The squeeze on local spending means that many services will have to be cut.Limiting and restrictingPreventing and impeding [C usually singular] a period in which the supply of money is limited by the government because of economic difficulties: The government has imposed a sharp credit squeeze in an attempt to hold down inflation.Economics and the state of the economy
(Definition of squeeze noun (LIMIT) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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