Dictionary
re•trench
Pronunciation: (ri-trench'), [key]—
v.t.
1. to cut down, reduce, or diminish; curtail (expenses).
2. to cut off or remove.
3. Mil.to protect by a retrenchment.
—
v.i.
to economize; reduce expenses:
They retrenched by eliminating half of the workers. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.