0 present participle of retrench
1 If governments, companies, etc. retrench, they start spending less money, or reducing costs:
North Carolina is not retrenching on its spending on education.
The president had planned to take more lavish offices but was forced to retrench amid criticism from Congress and the public.
In 2011 some people were retrenched.
A New South Wales cleaning contractor retrenched an employee using a standard retrenchment letter.
It is a time not for retrenching but for generous, far-seeing statesmanship.
We would then at some indeterminate point of time be faced with the necessity of retrenching again.
Many social services departments are experiencing large funding gaps, which means that they are retrenching many of the services that they might offer.
There is the old business of retrenching, saving and economising in any way.