Retrenchment

Retrenchment (French: retrenchment, an old form of retranchement, from retrancher, to cut down, cut short) is an act of cutting down or reduction, particularly of public expenditure.[1]

  1. ^  One or more of the preceding sentences incorporates text from a publication now in the public domainChisholm, Hugh, ed. (1911). "Retrenchment". Encyclopædia Britannica. Vol. 23 (11th ed.). Cambridge University Press. p. 203.