You searched for: “retrenching”
retrench (verb), retrenches; retrenched; retrenching
1. To change the way things are done in order to spend less money: When the company sold fewer products, it was forced to retrench or to economize.
2. Etymology: from French retrenchier, "to cut down, to reduce"; from re-, "again"+ trenchier, "to cut."
To cut down or to curtail expenses.
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This entry is located in the following unit: English Words in Action, Group R (page 4)