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Definitions from the Web

Retrechment

Definition:

A noun referring to the act or process of reducing costs, expenses, or resources.

Sense 1:

Part of Speech: Noun

Meaning: The act of cutting back or reducing expenditure in an organization to improve financial stability.

Example Sentence: After a series of losses, the company decided to implement retrenchment measures by laying off a number of employees.

Sense 2:

Part of Speech: Noun

Meaning: Restructuring or downsizing of a business to achieve a more efficient operation.

Example Sentence: The retrenchment of the department led to significant improvements in productivity and profitability.

Sense 3:

Part of Speech: Verb

Meaning: To reduce expenses, resources, or operations.

Example Sentence: The company had to retrench its workforce to cope with the economic downturn.

Sense 4:

Part of Speech: Verb

Meaning: To withdraw or retreat from a position or situation.

Example Sentence: Due to the unexpected circumstances, the army was forced to retrench from their advance positions.