tightening - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “tightening”

tightening

noun [S or U]
 
 
/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 increasing interest rates: credit/fiscal/monetary tightening There is pressure on the Bank of England to increase the pace of monetary tightening. A tightening of US monetary policy has always produced a major slowdown in the economy.
( also tightening up) LAW, GOVERNMENT the action of making a rule, system, or law stronger and more difficult to ignore: There has been a tightening of controls over domestic media 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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