Definition of Retrench
Retrench
re·trench
Definition/Meaning
(verb)
in formal usage, to diminish or reduce something's quantity or extent by removing or cutting down things;
e.g. They decided to retrench their spending due to the economic recession.
(verb)
to reduce expenses and costs, typically in response to economic difficulty, may describe the behavior of a person, company, or government;
e.g. The company was forced to retrench and fire some of its employees.
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