{v.} 1. To change direction suddenly while going at full speed. * /The halfback started to his left, cut back to his right, and ran for a touchdown./ 2. To use fewer or use less. * /After the big job was finished, the builder cut back the number of men working for him./ * /The school employed forty teachers until a lower budget forced it to cut back./
{v. phr.} To diminish; lessen; decrease (said of budgets). * /The state had to cut back on the university budget./