HOLDING PURSE STRINGS Meaning and
Definition
-
To hold the purse strings means to have control or authority over the management of financial resources, typically within a family or organization. It refers to the power to allocate and control the spending and budgeting decisions.
This term originates from the metaphorical imagery of holding or grasping the strings of a purse, which represents the control and access to money. In a family context, it often refers to a person, usually the head of the household, who holds the responsibility for managing and dispersing funds. This individual determines how money is spent, whether it be for household expenses, savings, investments, or any other financial decision.
In a broader sense, holding the purse strings can also pertain to organizations and institutions where a person or a group of individuals has the authority to control the allocation of financial resources. It could refer to a CEO, a board of directors, or any other governing body that determines how funds are distributed for various purposes, such as operational expenses, investments, or charitable initiatives.
The phrase implies a significant level of influence as those who hold the purse strings possess the power to shape financial outcomes and prioritize certain expenses over others. It embodies the control and responsibility associated with financial decision-making, often highlighting the trust and accountability that accompany the role of managing funds.
Common Misspellings for HOLDING PURSE STRINGS
- golding purse strings
- bolding purse strings
- nolding purse strings
- jolding purse strings
- uolding purse strings
- yolding purse strings
- hilding purse strings
- hklding purse strings
- hllding purse strings
- hplding purse strings
- h0lding purse strings
- h9lding purse strings
- hokding purse strings
- hopding purse strings
- hooding purse strings
- holsing purse strings
- holxing purse strings
- holcing purse strings
- holfing purse strings
- holring purse strings
