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  1. Dictionary
    re·trench
    [rəˈtren(t)SH]
    verb
    retrench (verb) · retrenches (third person present) · retrenched (past tense) · retrenched (past participle) · retrenching (present participle)
    1. (of a company, government, or individual) reduce costs or spending in response to economic difficulty:
      "as a result of the recession the company retrenched" · "if people are forced to retrench their expenditure trade will suffer"
      • formal
        reduce or diminish (something) in extent or quantity:
        "withering household incomes have caused families to retrench their spending"
    Origin
    late 16th century (in the now formal usage): from obsolete French retrencher, variant of retrancher, from re- (expressing reversal) + trancher ‘to cut, slice’.
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    Similar and Opposite Words
    verb
    1. (of a company, government, or individual) reduce costs or spending in response to economic difficulty:
      make cutbacks
      make savings
      make economies
      reduce expenditure
      be economical
      be sparing
      be frugal
      husband one's resources
      draw in one's horns
      scrimp and save
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