retrenchment

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re·trench·ment

(rē-trench'ment),
The cutting away of superfluous tissue.
[F. re-, back, + trancher, to cut]

re·trench·ment

(rē-trench'mĕnt)
The cutting away of superfluous tissue.
[F. re-, back, + trancher, to cut]

retrenchment

[Fr. retrenchier, to cut back]
1. A budgetary reduction; a cutback in the amount of funds allocated for a purpose.
2. A procedure used in plastic surgery to remove excess tissue.
References in periodicals archive ?
A wiser policy for such a fortunate state would be to extend the life of its relative position by taking advantage of the opportunity to retrench and reduce its defense spending.
NEW YORK-Four out of five creditworthy consumers in the United States, eyeing a rise in their fixed expenses of 13 percent, are likely to hold the line or even retrench on their discretionary spending during the year.
When consumers become less secure in their jobs and finances, they retrench as well.
These factors presented Grane with the classic business dilemma: When challenges arise, do you retrench or branch out?
After video-savvy, suavely PC director David Ross departed in 1998 for the sunnier, cyberrich climes of the Bay Area, the Whitney--so the story goes--decided to retrench.
Business Ethics, which was a publication like that, recently had to retrench, changing from glossy to newsletter format and cutting back staff.
The protestors also demanded that ministry of Water and Power to withdraw the decision to privatise the companies as it would retrench the employees.
There were fears that Air India would retrench some employees to cut operational costs, but the minister made it clear that there was no plans to retrench any employee, rather they would be looking forward to the restructuring plan that the airline would be submitting in a month's time.
Summary: DUBAI - The UAE guideline not to retrench nationals from the private sector is not an excuse for inaction, stressed think-tanks at the Wharton Global Alumni Forum on Thursday.
The number of multinational corporations that will retrench staff in 2009 will continue to grow as they follow the lead of Toyota, General Motors, DBS Bank, and Chrysler.
We will not retrench anyone, in fact, we are recruiting new members to our team on a daily basis.
This comes seven days after its parent company, the Alternative Investment Markets-listed Weatherly International, assured its shareholders that it would only retrench 100 workers and maintain two copper producing mines.