Retrenchment

/rɪˈtrentʃmənt/
noun

The act of reducing costs or spending in response to economic difficulty.

The company had to undergo retrenchment during the financial crisis to survive.
Visual representation of "retrenchment" - The act of reducing costs or spending in response to economic difficulty

Often appears as...

  • undergo retrenchment
  • company retrenchment

Usage tips

Formal

noun

In military usage, a reduction in forces, or withdrawal of troops to a defensive position.

The army made a strategic retrenchment to avoid losing more soldiers.
Visual representation of "retrenchment" - In military usage, a reduction in forces, or withdrawal of troops to a defensive position

Often appears as...

  • strategic retrenchment
  • military retrenchment

Usage tips

Formal

Technical

noun

In politics, a withdrawal from previously held positions or policies considered too liberal or progressive.

The party's retrenchment gave it a more conservative profile among voters.
Visual representation of "retrenchment" - In politics, a withdrawal from previously held positions or policies considered too liberal or progressive

Often appears as...

  • political retrenchment
  • conservative retrenchment

Usage tips

Formal

noun

The act of reducing costs or spending in response to economic difficulty.

The company had to undergo retrenchment during the financial crisis to survive.
Visual representation of "retrenchment" - The act of reducing costs or spending in response to economic difficulty

Often appears as...

  • undergo retrenchment
  • company retrenchment

Usage tips

Formal

noun

In military usage, a reduction in forces, or withdrawal of troops to a defensive position.

The army made a strategic retrenchment to avoid losing more soldiers.
Visual representation of "retrenchment" - In military usage, a reduction in forces, or withdrawal of troops to a defensive position

Often appears as...

  • strategic retrenchment
  • military retrenchment

Usage tips

Formal

Technical

noun

In politics, a withdrawal from previously held positions or policies considered too liberal or progressive.

The party's retrenchment gave it a more conservative profile among voters.
Visual representation of "retrenchment" - In politics, a withdrawal from previously held positions or policies considered too liberal or progressive

Often appears as...

  • political retrenchment
  • conservative retrenchment

Usage tips

Formal

Definition 1 of 3
Visual representation of "retrenchment"
LampPro Tip 1/3

Economic Stress

Use 'retrenchment' when a business cuts costs due to financial problems.

Illustration for Economic Stress
Small businesses often face retrenchment during recessions.
LampPro Tip 2/3

Employee Impact

Retrenchment might imply laying off employees.

Illustration for Employee Impact
Due to retrenchment, the factory workers were worried about their jobs.
LampPro Tip 3/3

Last Resort

Retrenchment is often used as a last option to save money.

Illustration for Last Resort
Only after all other measures failed, the firm considered retrenchment.
LampPro Tip 1/3

Economic Stress

Use 'retrenchment' when a business cuts costs due to financial problems.

Illustration for Economic Stress
Small businesses often face retrenchment during recessions.
LampPro Tip 2/3

Employee Impact

Retrenchment might imply laying off employees.

Illustration for Employee Impact
Due to retrenchment, the factory workers were worried about their jobs.
LampPro Tip 3/3

Last Resort

Retrenchment is often used as a last option to save money.

Illustration for Last Resort
Only after all other measures failed, the firm considered retrenchment.
LampPro Tip 1/3

Economic Stress

Use 'retrenchment' when a business cuts costs due to financial problems.

Illustration for Economic Stress
Small businesses often face retrenchment during recessions.
LampPro Tip 2/3

Employee Impact

Retrenchment might imply laying off employees.

Illustration for Employee Impact
Due to retrenchment, the factory workers were worried about their jobs.
LampPro Tip 3/3

Last Resort

Retrenchment is often used as a last option to save money.

Illustration for Last Resort
Only after all other measures failed, the firm considered retrenchment.
Visual representation of the word "Retrenchment"

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Quote examples

Nick Clegg

British Politician

I will not accept a new wave of fiscal retrenchment, of belt-tightening, without asking people at the top to make their contribution, to make an additional contribution. I don't think you can ask people on middle and low incomes, who, after all, are the vast majority of the British population, to bear the brunt of this adjustment.
Portrait of Nick Clegg

Quote examples

Henry Kissinger

American Statesman

Leadership is absolutely vital if there are comparable countries which can affect the security of the world you live in. Between Lincoln and Roosevelt's time, America was protected by huge oceans and, in practice, by the British navy. Today, it's different, and the obsession of the Obama administration has been for retrenchment.
Portrait of Henry Kissinger

Quote examples

Guy Standing

English Actor

Since the crash of 2008 and during the neoliberal retrenchment known as austerity, many commentators have muttered that the left is dead, watching social democrats in their timidity lose elections and respond by becoming ever more timid and neoliberal. They deserve their defeats.
Portrait of Guy Standing

Quote examples

Graham Swift

British Author

I came from a lower-middle-class postwar family in a time of austerity and retrenchment, with no one in the family who was in any way artistic or a potential mentor to a budding writer, and yet this is what I became.
Portrait of Graham Swift

Quote examples

John Bright

British Politician

I am for peace, retrenchment and reform, the watchword of the great Liberal Party thirty years ago.
Portrait of John Bright

Quote examples

Kenneth C. Griffin

American Businessman

We're going through a period of retrenchment as the dynamics of the playing field are changing.
Portrait of Kenneth C. Griffin

Quote examples

Nick Clegg

British Politician

I will not accept a new wave of fiscal retrenchment, of belt-tightening, without asking people at the top to make their contribution, to make an additional contribution. I don't think you can ask people on middle and low incomes, who, after all, are the vast majority of the British population, to bear the brunt of this adjustment.
Portrait of Nick Clegg

Quote examples

Henry Kissinger

American Statesman

Leadership is absolutely vital if there are comparable countries which can affect the security of the world you live in. Between Lincoln and Roosevelt's time, America was protected by huge oceans and, in practice, by the British navy. Today, it's different, and the obsession of the Obama administration has been for retrenchment.
Portrait of Henry Kissinger

Quote examples

Guy Standing

English Actor

Since the crash of 2008 and during the neoliberal retrenchment known as austerity, many commentators have muttered that the left is dead, watching social democrats in their timidity lose elections and respond by becoming ever more timid and neoliberal. They deserve their defeats.
Portrait of Guy Standing

Quote examples

Graham Swift

British Author

I came from a lower-middle-class postwar family in a time of austerity and retrenchment, with no one in the family who was in any way artistic or a potential mentor to a budding writer, and yet this is what I became.
Portrait of Graham Swift

Quote examples

John Bright

British Politician

I am for peace, retrenchment and reform, the watchword of the great Liberal Party thirty years ago.
Portrait of John Bright

Quote examples

Kenneth C. Griffin

American Businessman

We're going through a period of retrenchment as the dynamics of the playing field are changing.
Portrait of Kenneth C. Griffin
Example 1 of 6
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