Retrenching: meaning, definitions and examples

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retrenching

 

[ rษชหˆtrษ›nสงษชล‹ ]

Verb
Context #1 | Verb

economics strategy

Retrenching refers to the process of reducing costs or spending in response to economic conditions, often to improve financial performance. This can involve cutting back on staff, reducing expenses, or re-evaluating projects and investments to ensure sustainability. Businesses may retrench during economic downturns, aiming to stabilize their operations and emerge stronger. The goal is to create a leaner organization that can adapt to market changes and sustain profitability over time.

Synonyms

contraction, cutting back, downsizing, reducing

Examples of usage

  • The company is retrenching its workforce to save costs.
  • Many organizations are retrenching their budgets in light of the recession.
  • The government announced retrenching measures to reduce national debt.

Translations

Translations of the word "retrenching" in other languages:

๐Ÿ‡ต๐Ÿ‡น reduzindo

๐Ÿ‡ฎ๐Ÿ‡ณ เค•เคŸเฅŒเคคเฅ€ เค•เคฐเคจเคพ

๐Ÿ‡ฉ๐Ÿ‡ช Kรผrzung

๐Ÿ‡ฎ๐Ÿ‡ฉ pemangkasan

๐Ÿ‡บ๐Ÿ‡ฆ ัะบะพั€ะพั‡ะตะฝะฝั

๐Ÿ‡ต๐Ÿ‡ฑ redukcja

๐Ÿ‡ฏ๐Ÿ‡ต ็ธฎๅฐใ™ใ‚‹

๐Ÿ‡ซ๐Ÿ‡ท rรฉduction

๐Ÿ‡ช๐Ÿ‡ธ recorte

๐Ÿ‡น๐Ÿ‡ท kesinti

๐Ÿ‡ฐ๐Ÿ‡ท ์ถ•์†Œ

๐Ÿ‡ธ๐Ÿ‡ฆ ุชุฎููŠุถ

๐Ÿ‡จ๐Ÿ‡ฟ snรญลพenรญ

๐Ÿ‡ธ๐Ÿ‡ฐ znรญลพenie

๐Ÿ‡จ๐Ÿ‡ณ ็ผฉๅ‡

๐Ÿ‡ธ๐Ÿ‡ฎ zmanjลกanje

๐Ÿ‡ฎ๐Ÿ‡ธ skurรฐ

๐Ÿ‡ฐ๐Ÿ‡ฟ า›ั‹ัา›ะฐั€ั‚ัƒ

๐Ÿ‡ฌ๐Ÿ‡ช แƒ’แƒแƒ“แƒแƒญแƒ แƒ

๐Ÿ‡ฆ๐Ÿ‡ฟ azaltma

๐Ÿ‡ฒ๐Ÿ‡ฝ recorte

Etymology

The term 'retrench' originates from the French word 'retrancher', which means 'to cut back' or 'to reduce'. It was adopted into English in the early 19th century, initially used in military contexts to describe the act of fortifying positions by cutting back resources or personnel. Over time, its application expanded into the fields of economics and business, reflecting a strategic response to financial pressures. By the mid-20th century, 'retrenching' became a common term in corporate jargon, used to describe cost-cutting measures and organizational restructuring as companies faced challenges in a competitive marketplace. Today, retrenching is a key concept in financial management and strategic planning, highlighting the importance of adaptability in unpredictable economic climates.

Word Frequency Rank

Ranking #37,041, this word is encountered relatively rarely in everyday English. It might appear in literary works or specialized texts but isn't essential for general communication.