(きんしゅく)

きんしゅく
noun, suru verb
austerity, tightening
1. austerity, tightening, retrenchment
The practice of reducing spending and cutting budgets, especially in government or organizational finance. Implies strict belt-tightening measures.
緊縮(きんしゅく)財政(ざいせい)実施(じっし)する。
To implement fiscal austerity.
政府(せいふ)緊縮(きんしゅく)予算(よさん)()んで財政(ざいせい)赤字(あかじ)()らそうとした。
The government drew up an austerity budget to reduce the fiscal deficit.
長引(ながび)不況(ふきょう)影響(えいきょう)で、企業(きぎょう)緊縮(きんしゅく)経営(けいえい)余儀(よぎ)なくされている。
Due to the prolonged recession, companies are being forced into austerity management.

USAGE:
Almost always appears as a modifier before financial or economic nouns. Strongly associated with government fiscal policy and corporate cost-cutting. The word carries a serious, formal tone.

COMMON COLLOCATIONS:

  • 緊縮(きんしゅく)財政(ざいせい): fiscal austerity
  • 緊縮(きんしゅく)予算(よさん): austerity budget
  • 緊縮(きんしゅく)経営(けいえい): austerity management
  • 緊縮(きんしゅく)政策(せいさく): austerity policy