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Definition of the purse strings noun from the Oxford Advanced Learner's Dictionary

the purse strings

noun
 
/ðə ˈpɜːs strɪŋz/
 
/ðə ˈpɜːrs strɪŋz/
[plural]
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  1. a way of referring to money and how it is controlled or spent
    • Who holds the purse strings in your house?
    • The government will have to tighten the purse strings (= spend less).
See the purse strings in the Oxford Advanced American Dictionary
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