der Sparzwang
Translation
austerity, need to economize, budgetary constraint
Examples
Die Firma steht unter großem Sparzwang.
The company is under great pressure to economize.
Der Sparzwang führt zu Kürzungen.
The budgetary constraint leads to cuts.
Grammar Patterns
((unter et3 stehen)) to be under budgetary constraints The company is under a Sparzwang.
Similar Words
Synonyms: austerity, budgetary constraint; Antonyms: profligacy (die Verschwendung)
Etymology
A compound of 'sparen' (to save) + 'der Zwang' (compulsion, constraint). Literally 'saving-compulsion'.
Memory Tips
Break it down: 'Spar' (from sparen, to save) + 'zwang' (force/compulsion). It's a situation where you are forced to save.