Definition
To increase spending or allow increased spending; to relax control of spending.
In Context
- "He thought the effect of this language from the Prime Minister had been to loosen the purse-strings of the Treasury."
- "Proponents of the counterterrorism agenda might respond by being less inclined to loosen the purse strings than they would have been if offered a convincing..."
Opposite In Meaning
See Also
- disburse
- hold the purse strings
- loosen the apron strings
- power of the purse
- public purse
- reimburse