retrench - definition and synonyms

verb 

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/rɪˈtrentʃ/
present tense
I/you/we/theyretrench
he/she/itretrenches
present participleretrenching
past tenseretrenched
past participleretrenched
  1. 1
    [intransitive] to reduce costs or the amount that you spend, in order to save money

derived word

retrenchment

 

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noun [countable/uncountable]
singularretrenchment
pluralretrenchments