0 a situation in which a government, etc. spends less or reduces costs: --
In retrenchment, central government may seek to limit the total expenditure of all local governments for economic stabilization.
The downturn in business has resulted in many retrenchments.
Facing retrenchment can be a frightening experience.
1 the act of spending less or reducing costs: --
The closures will be the first substantial retrenchment at the store for 10 years.
The big retrenchment in aerospace manufacturing in the early 1990s eventually infected the entire state economy.
Businesses are going for growth, after the retrenchment of recent years.
2 the act of removing a worker from a job as a way of saving the cost of employing them: --
We can complete it step by step however long the road is and it can't be completed however short the road is if you don't even mark your footprint.
Можем да го завършим стъпка по стъпка, колкото и дълъг да е пътят и не може да бъде завършен, колкото и кратък да е пътят, ако дори не маркирате отпечатъка си.