Shoestring

外汇网2021-06-19 14:31:05 123

A slang term used to describe a small amount of money that is considered to be inadequate for its intended purpose. A shoestring can be used in a number of idioms, such as: "The company financed that last project on a shoestring," or "Jim is living off of a shoestring budget."

Although a shoestring budget is considered inadequate, it may just be enough for an inpidual to live on or for a company to profit from a project. For companies, a particular project's return on investment would be much greater, due to the lower initial cost.

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