Meaning of the word "hold the purse strings" in English

What does "hold the purse strings" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

hold the purse strings

US /hoʊld ðə pɜrs strɪŋz/
UK /həʊld ðə pɜːs strɪŋz/

Idiom

to control the money in a family, organization, or country

Example:
In their household, it's the wife who usually holds the purse strings.
The finance committee holds the purse strings for the entire organization.