Haushaltsperre

budget freeze

noun HOWS-halts-peh-reh Rare

Also means

spending moratorium

Usage Note

Haushaltsperre is a government measure temporarily halting new spending commitments when a budget is under strain or not yet approved. It is announced by the Finanzministerium and limits departmental expenditure.

Examples

"Wegen der Haushaltsperre wurden Förderprojekte gestoppt."

Natural Translation

Subsidy projects were halted because of the budget freeze.

Literal Translation

Because-of the budget-freeze were subsidy-projects stopped.

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