Meaning of RETRENCH in English

RETRENCH

/ rɪˈtrentʃ; NAmE / verb

1.

[ v ] ( formal ) ( of a business, government, etc. ) to spend less money; to reduce costs

2.

[ vn ] ( AustralE , NZE , SAfrE ) to tell sb that they cannot continue working for you

►  re·trench·ment noun [ U , C ]:

a period of retrenchment

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WORD ORIGIN

late 16th cent. (in the now formal usage): from obsolete French retrencher , variant of retrancher , from re- (expressing reversal) + trancher to cut, slice.

Oxford Advanced Learner's English Dictionary.      Оксфордский английский словарь для изучающик язык на продвинутом уровне.