Retrenchment: meaning, example and synonyms

Retrenchmentn. The reduction of costs or spending, especially in response to economic difficulty.

Example

Faced with falling enrollment, the college announced a period of retrenchment that froze hiring, postponed renovations, and merged several small departments.

Part of speech: noun
Synonyms: cutback, reduction, downsizing, economizing
Antonyms: expansion, growth, investment, increase
Memory tip: Retreat into your trench: pull back and cut costs to survive.

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Check yourself: Retrenchment in context

Pick the word that best completes each text.

Question 1

After two years of losses, the newspaper entered a period of ______, closing its foreign bureaus and cutting the print edition from seven days a week to three.

Question 2

The economist argued that sharp government ______ during a recession can backfire, because reduced public spending deepens the very slump it is meant to address.

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