Retrenchment
audio of Retrenchment
Retrenchment [ri-trench-muhnt]

NOUN

NOUN

  • Cutting of expenses.

  • Cutting down or reducing.

Example

“There has been news about company planning a retrenchment of employees.” 

“The government is planning a retrenchment of budget allocation to your department.” 

Synonyms

Absence, Dearth, Shortage, Loss, Reduction, Scarcity, Paucity, Poverty

Antonyms

Abundance, Affluence, Enough, Success, Addition, Expansion, Increase, Enlargement