LOOSEN PURSE STRING Meaning and
Definition
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To "loosen purse strings" is a figurative expression that refers to the act of spending money more freely or generously. It is often used to depict a situation where someone becomes less strict or reluctant in terms of spending money or providing financial resources. This idiomatic phrase is derived from the literal action of loosening the strings of a purse, as in the past, purses were typically secured with strings or drawstrings to keep the contents safe. By metaphorically loosening these purse strings, individuals or entities signify their willingness to open up their wallets and invest or spend more liberally.
The phrase "loosen purse strings" can be employed in various contexts. For instance, it could describe a government implementing policies aimed at boosting economic growth by increasing public spending. It might also depict an individual deciding to be more generous by offering financial support or engaging in lavish spending. Additionally, it could be used to describe an organization or company increasing its budget or investment for a particular project or initiative.
Overall, "loosen purse strings" conveys the idea of embracing a more liberal approach to spending money. It often highlights the shift from a tight or cautious financial mindset to one that is more relaxed, flexible, and willing to part with funds to achieve a desired outcome.
