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Noun: retrenchment  ri'trench-munt
  1. Entrenchment consisting of an additional interior fortification to prolong the defence
     
  2. The reduction of expenditures in order to become financially stable
    - curtailment, downsizing

Derived forms: retrenchments

Type of: economy, entrenchment, intrenchment, saving

Encyclopedia: Retrenchment

Nearest

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