tightening
noun[SorU]
uk/ˈtaɪtənɪŋ/usECONOMICS,BANKING,GOVERNMENT
theactivityoflimitingtheamountofmoneythatpeopleandcompaniesareabletoborroworspend, forexamplebyincreasinginterestrates:
credit/fiscal/monetary tighteningThere ispressureon the Bank ofEnglandtoincreasethepaceofmonetarytightening.
A tightening of USmonetarypolicyhas alwaysproducedamajorslowdownin theeconomy.
LAW,GOVERNMENT(alsotightening up)
theactionof making arule,system, orlawstrongerand moredifficulttoignore:
There has been a tightening ofcontrolsoverdomesticmediaand theinternet.
Theregulatorisexpectedtoannouncea tightening up of therules.
ECONOMICS,COMMERCE
asituationin amarketwhere there is less of somethingavailablethan iswantedorneeded:
Thesupplyanddemandpendulumfor somemetalshasswungsofarthatfurthertightening of themarketseemsinevitable.