Usually means: Cutting costs to reduce spending.
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We found 30 dictionaries that define the word retrenchment:

General (23 matching dictionaries)
  1. retrenchment: Merriam-Webster.com
  2. retrenchment: Oxford Learner's Dictionaries
  3. retrenchment: American Heritage Dictionary of the English Language
  4. retrenchment: Collins English Dictionary
  5. retrenchment: Vocabulary.com
  6. Retrenchment, retrenchment: Wordnik
  7. retrenchment: Cambridge Advanced Learner's Dictionary
  8. retrenchment: Wiktionary
  9. retrenchment: Webster's New World College Dictionary, 4th Ed.
  10. retrenchment: Infoplease Dictionary
  11. Retrenchment, retrenchment: Dictionary.com
  12. Retrenchment (disambiguation), Retrenchment (labour), Retrenchment (military), Retrenchment: Wikipedia, the Free Encyclopedia
  13. Retrenchment: Online Plain Text English Dictionary
  14. retrenchment: Webster's Revised Unabridged, 1913 Edition
  15. retrenchment: Rhymezone
  16. Retrenchment: AllWords.com Multi-Lingual Dictionary
  17. retrenchment: Webster's 1828 Dictionary
  18. retrenchment: Free Dictionary
  19. retrenchment: The Phrontistery - A Dictionary of Obscure Words
  20. retrenchment: Mnemonic Dictionary
  21. retrenchment: Dictionary/thesaurus

Business (3 matching dictionaries)
  1. retrenchment: Legal dictionary
  2. Glossary of Labor & Legal Terminology (No longer online)
  3. BusinessDictionary.com (No longer online)

Computing (1 matching dictionary)
  1. retrenchment: Encyclopedia

Medicine (2 matching dictionaries)
  1. online medical dictionary (No longer online)
  2. retrenchment: Medical dictionary

Tech (1 matching dictionary)
  1. Retrenchment: Dictionary of Military Architecture

(Note: See retrenchments as well.)

Definitions from Wiktionary (retrenchment)

noun:  A curtailment or reduction.
noun:  (specifically) An act of reducing expenses; economizing.
noun:  (specifically) An act of terminating the employment of a worker or making an employee redundant, often to reduce expenses; a layoff.
noun:  (by extension) Withdrawal.
noun:  (military, dated) A defensive work constructed within a fortification to make it more defensible by allowing defenders to retreat into and fight from it even after the enemy has taken the outer work.
noun:  (especially politics) The adoption of a defensive and hostile posture; refusal to compromise, radicalization.

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