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- Dictionaryretrenchment/rɪˈtrɛn(t)ʃm(ə)nt/
noun
- 1. the reduction of costs or spending in response to economic difficulty: "this period of retrenchment will see companies shed staff"
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RETRENCHMENT definition: 1. a situation in which a government, etc. spends less or reduces costs: 2. a situation in which…. Learn more.
: reduction, curtailment. specifically : a cutting of expenses. Examples of retrenchment in a Sentence.
Retrenchment definition: the act of retrenching; a cutting down or off, as by the reduction of expenses.. See examples of RETRENCHMENT used in a sentence.
a situation in which a government, etc. spends less or reduces costs: In retrenchment, central government may seek to limit the total expenditure of all local governments for economic stabilization. Experts see a major retrenchment coming from consumers. Australian English or South African English.
Retrenchment means spending less money. [formal] Defense planners predict an extended period of retrenchment. ...a need for industrial retrenchment and restructuring. Synonyms: cutback, cuts, economy, reduction More Synonyms of retrenchment. Collins COBUILD Advanced Learner’s Dictionary. Copyright © HarperCollins Publishers. Word Frequency.
In politics or business, retrenchment is the process of saving money by cutting expenses. Retrenchment nearly always involves laying off workers.
Definition of retrenchment noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Define retrenchment. retrenchment synonyms, retrenchment pronunciation, retrenchment translation, English dictionary definition of retrenchment. n. 1. A cutting down or back; reduction. 2. A curtailment of expenses. n. The act of consolidating one's strength, as for further efforts.
to remove a worker from his or her job as a way of reducing costs: The government is to retrench 30,000 public servants in the next three years. An employee you retrenched may be able to bring an unfair dismissal claim. Fewer examples. North Carolina is not retrenching on its spending on education.
Retrench definition: to cut down, reduce, or diminish; curtail (expenses).. See examples of RETRENCH used in a sentence.
