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  2. Dictionary
    re·trench·ment
    [rəˈtren(t)SHm(ə)nt]
    noun
    retrenchment (noun) · retrenchments (plural noun)
    1. the reduction of costs or spending in response to economic difficulty:
      "this period of retrenchment will see companies shed staff" · "closures and retrenchments have become the order of the day"
      • AUSTRALIAN ENGLISH
        SOUTH AFRICAN ENGLISH
        the action of dismissing an employee from a job:
        "he ordered the retrenchment of 420 civil servants"
      • formal
        reduction in the extent or quantity of something:
        "the retrenchment of the welfare state"
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