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- Dictionaryre·trench·ment/rəˈtren(t)SHm(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.
The meaning of RETRENCHMENT is reduction, curtailment; specifically : a cutting of expenses.
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.
RETRENCHMENT meaning: 1. a situation in which a government, etc. spends less or reduces costs: 2. a situation in which…. Learn 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.
In politics or business, retrenchment is the process of saving money by cutting expenses. Retrenchment nearly always involves laying off workers.
1. a. : cut down, reduce. b. : to cut out : excise. 2. : to pare away : remove. intransitive verb. : to make retrenchments. specifically : economize. Choose the Right Synonym for retrench. shorten, curtail, abbreviate, abridge, retrench mean to reduce in extent. shorten implies reduction in length or duration. shorten a speech.
Definition of retrenchment noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
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.
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.
