紧缩

Traditional form:

緊縮

Pinyin (reading):

jǐnsuō

Definitions:

• (economics) to reduce
• to curtail
• to cut back
• to tighten
• austerity
• tightening
• crunch

Characters:

• 紧 - tense, tight, taut; firm, secure
• 缩 - to withdraw, to shrink, to pull back; abbreviation

Traditional characters:

• 緊 - tense, tight, taut; firm, secure
• 縮 - to withdraw, to shrink, to pull back; abbreviation