Definition of retrench

retrenchverb

làm chậm lại

/rɪˈtrentʃ//rɪˈtrentʃ/

The word "retrench" originated in the late 18th century from the Dutch word "retrencheren," which meant "to shorten" or "to make smaller." This Dutch term was adopted by the British military during the Napoleonic Wars as a way to describe cutting back on military expenses, particularly for supplies and personnel. The use of the term then extended to other areas of society, including industries and businesses, as a way to refer to reducing costs and downsizing operations in response to financial difficulties. Today, the verb "to retrench" is still widely used, particularly in business and financial contexts, to describe measures taken to reduce costs and expenses in response to challenging economic conditions.

namespace

to spend less money; to reduce costs

tiêu ít tiền hơn; để giảm chi phí

Example:
  • The Board of Directors realized the need to retrench in the face of falling demand.

    Hội đồng quản trị nhận thấy sự cần thiết phải cắt giảm khi nhu cầu sụt giảm.

to tell somebody that they cannot continue working for you

nói với ai đó rằng họ không thể tiếp tục làm việc cho bạn