purse-strings

purse strings

noun
1.
the right or power to manage the disposition of money: in control of the family purse strings.
Idioms
2.
hold the purse strings, to have the power to determine how money shall be spent.
3.
loosen/tighten the purse strings, to increase or decrease expenditures or the availability of money: The budget committee is in the process of tightening the purse strings.

Origin:
1375–1425; late Middle English

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
purse strings
 
pl n
control of finance or expenditure (esp in such phrases as hold or control the purse strings)

Collins English Dictionary - Complete & Unabridged 10th Edition
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