das Sparprogramm
Translation
austerity program, savings program, cost-cutting program
Examples
Die Firma hat ein strenges Sparprogramm eingeführt.
The company has introduced a strict austerity program.
Das Sparprogramm soll die Schulden reduzieren.
The savings program is intended to reduce debt.
Grammar Patterns
to launch/introduce a savings program ein Sparprogramm auflegen/einführen The company had to launch a savings program.
Similar Words
Austeritätskurs, Sparplan, Kürzungsplan
Etymology
Compounded from 'sparen' (to save) and 'das Programm' (the program). A program designed for saving.
Memory Tips
Imagine a company creating a new 'program' (Programm) with the sole purpose of 'saving' (sparen) money across all departments.