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Definition of retrenchment:

  1. A work constructed within another, to prolong the defense of the position when the enemy has gained possession of the outer work; or to protect the defenders till they can retreat or obtain terms for a capitulation.
  2. The act or process of retrenching; as, the retrenchment of words in a writing.

Synonyms:

abatement, reduction, suppression, thriftiness, deduction, downsizing, curtailment, frugality, decrease, economy.

Usage examples: