- The act or process of retrenching; as, the
retrenchment of words in a writing. - 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.
Retrenchment Cutting back on products, markets, operations because the firm’s overall competitive and financial situation cannot support commitments needed to sustain or build its operations.
Definition
[ n.]