retrenchment
🇺🇸
/rɪˈtrentʃmənt/
🇬🇧
/rɪˈtrentʃmənt/
noun
R
Cutting back on spending or expenses to save money.
The company announced a period of retrenchment to reduce costs.
R
When people lose their jobs because there is not enough work for them to do.
Due to the economic downturn, there was a lot of retrenchment in the company.
translation
Cutting back on spending or expenses to save money.; When people lose their jobs because there is not enough work for them to do.
Word Forms
Plural
retrenchments