cut spending - meaning and definition. What is cut spending
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What (who) is cut spending - definition

GOVERNMENTAL PROCESS IN THE UNITED KINGDOM CARRIED OUT BY HM TREASURY
Spending review; Comprehensive Spending Review; Spending Review (United Kingdom); Comprehensive spending review; 2010 Spending Review; 2007 Comprehensive Spending Review

Flexible spending account         
ONE OF A NUMBER OF TAX-ADVANTAGED FINANCIAL ACCOUNTS, RESULTING IN PAYROLL TAX SAVINGS
Flexible Spending Accounts; Flex Spending Account; Flexible Spending Account
In the United States, a flexible spending account (FSA), also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings. One significant disadvantage to using an FSA is that funds not used by the end of the plan year are forfeited to the employer, known as the "use it or lose it" rule.
cut glass         
  • Contemporary Czech cut glass in two colours
  • Czech glass-cutter at work
  • Chandelier in the chapel of [[Emmanuel College, Cambridge]], donated in 1732, one of the earliest datable cut glass examples.  The shape follows contemporary brass examples, with glass branches but no "drops"; only the pieces down the stem are cut, mostly with flat facets.<ref>Battie & Cottle, 102</ref>
  • American "brilliant cut" [[punch bowl]] on stand, 1895
  • Montgolfier]]" shape (due to its resemblance to an inverted [[hot air balloon]]),<ref>History</ref> in [[Edinburgh]]
  • Regency]] chandeliers in [[Saltram House]], England
  • [[Waterford Crystal]] factory in 2001
  • engraving]] above, England, late 18th-century
GLASS DECORATED WITH GEOMETRICAL OR REPRESENTATIONAL INCISIONS MADE BY GRINDING AND POLISHING
Cut-glass accent; Cut-glass; Cut crystal
also cut-glass
Cut glass is glass that has patterns cut into its surface.
...a cut-glass bowl.
N-UNCOUNT: oft N n
cut-glass         
  • Contemporary Czech cut glass in two colours
  • Czech glass-cutter at work
  • Chandelier in the chapel of [[Emmanuel College, Cambridge]], donated in 1732, one of the earliest datable cut glass examples.  The shape follows contemporary brass examples, with glass branches but no "drops"; only the pieces down the stem are cut, mostly with flat facets.<ref>Battie & Cottle, 102</ref>
  • American "brilliant cut" [[punch bowl]] on stand, 1895
  • Montgolfier]]" shape (due to its resemblance to an inverted [[hot air balloon]]),<ref>History</ref> in [[Edinburgh]]
  • Regency]] chandeliers in [[Saltram House]], England
  • [[Waterford Crystal]] factory in 2001
  • engraving]] above, England, late 18th-century
GLASS DECORATED WITH GEOMETRICAL OR REPRESENTATIONAL INCISIONS MADE BY GRINDING AND POLISHING
Cut-glass accent; Cut-glass; Cut crystal

Wikipedia

Spending Review

A spending review, or occasionally a comprehensive spending review, is a governmental process in the United Kingdom carried out by HM Treasury to set firm expenditure limits and, through public service agreements, define the key improvements that the public can expect from these resources.

Spending reviews typically focus upon one or several aspects of public spending while comprehensive spending reviews focus upon each government department's spending requirements from a zero base (i.e. without reference to past plans or, initially, current expenditure). The latter are named after the year in which they are announced – thus CSR07 (completed in October 2007) applies to financial years 2008–2011.

Other developed countries have similar review processes, e.g. Canada, New Zealand, The Netherlands, Italy, Ireland, and France. France conducted its first comprehensive spending review (called in French "la Révision Générale des Politiques Publiques") in 2008. The Netherlands have been carrying out spending reviews since 1981.

As a consequence of the COVID-19 pandemic, the 2020 review covered just a one-year period in contrast to previous years. The 2021 spending review was subsumed into the October 2021 budget.

Examples of use of cut spending
1. Some districts are having to cut spending elsewhere.
2. A similar fate awaits proposals to cut spending on food stamps and crop subsidies.
3. Tim Montgomerie To slim down a bloated State the obvious answer is to cut spending.
4. And if projects do get money, how can McCain cut spending by that much?
5. "We have to cut spending everywhere," said McCain‘s top economic adviser, Douglas Holtz–Eakin.