noun. ['riːˈtrɛntʃmənt'] the reduction of expenditures in order to become financially stable.
- non-market economy
- market economy
Words that Rhyme with Retrenchment
Example sentences of the word retrenchment
1. Noun, singular or mass
Growth slows down, and you may need to plan for layoffs and retrenchment.
noun. ['riːˈtrɛntʃmənt'] entrenchment consisting of an additional interior fortification to prolong the defense.