retrenchment
pronunciation
How to pronounce retrenchment in British English: UK [rɪˈtrentʃmənt]
How to pronounce retrenchment in American English: US [rɪˈtrentʃmənt]
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- Noun:
- entrenchment consisting of an additional interior fortification to prolong the defense
- the reduction of expenditures in order to become financial stable
Word Origin
- retrenchment (n.)
- "action of lopping off or pruning," c. 1600, from obsolete French retrenchement "a cutting off or out," from retrencher (see retrench (v.2)). Military sense is recorded from 1580s; see retrench (v.1).
Example
- 1. Under pressure , ireland has also imposed fiscal retrenchment .
- 2. Which came first - private retrenchment or fiscal deficits ?
- 3. The us consumer is in the early stages of an unprecedented retrenchment .
- 4. Labour says that the economy is too fragile to start fiscal retrenchment this year .
- 5. They may hope that retrenchment now will spur on private spending .