What is another word for fiscal discipline?

Pronunciation: [fˈɪskə͡l dˈɪsɪplˌɪn] (IPA)

Fiscal discipline refers to the act of carefully managing financial resources. There are many synonyms for this term, including financial prudence, budgetary control, financial management, economical management, and fiscal responsibility. These terms all imply that individuals or organizations are careful with their spending, ensuring that money is allocated appropriately and used efficiently. They also suggest that people or groups are accountable for their financial decisions, and prioritize long-term financial stability over short-term gains. By practicing fiscal discipline, individuals and organizations can develop a strong financial foundation, reduce debt and build toward a sustainable future.

What are the hypernyms for Fiscal discipline?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    fiscal policy, fiscal responsibility, financial discipline, financial responsibility, fiscal management, Fiscal accountability, Fiscal prudence, budgetary management, fiscal solvency.

Famous quotes with Fiscal discipline

  • I am a Republican. I'm loyal to the party of Abraham Lincoln and Theodore Roosevelt. And I believe that my party, in some ways, has strayed from those principles, particularly on the issue of fiscal discipline.
    John McCain
  • The American people know what's necessary to get this economy moving again. It's fiscal discipline in Washington, D.C. and across-the-board tax relief for working families, small businesses and family farms.
    Mike Pence
  • The administration's reckless plan doesn't do one thing to ensure the long term security of social security, rather it undermines our economy. We need a budget and a fiscal policy that reflects the values and interests of America and restores fiscal discipline.
    Debbie Stabenow

Related words: fiscal policy, fiscal responsibility, fiscal consolidation, fiscal discipline definition, fiscal policy rules, fiscal restraint, deficit discipline

Related questions:

  • What is fiscal discipline in government?
  • What does fiscal discipline mean?
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  • How do you maintain good financial discipline?
  • What are the benefits of good financial discipline?
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