retrenchment
noun[CorU]
uk/rɪˈtrentʃ.mənt/us/rɪˈtrentʃ.mənt/asituationin which agovernment, etc.spendsless orreducescosts:
削减费用;紧缩开支In retrenchment,centralgovernmentmayseektolimitthetotalexpenditureof alllocalgovernmentsforeconomicstabilization.
Expertsseeamajorretrenchment coming fromconsumers.
Australian EnglishorSouth African English
asituationin which someonelosestheirjobbecausetheiremployerdoes not need them :
裁减工人Thedownturninbusinesshasresultedin many retrenchments.商业活动低迷,导致大量裁员。
Facing retrenchment can be afrighteningexperience.
Synonym
redundancy(NOT EMPLOYED)UK
- Theworseningeconomicenvironmenthasseenasharpretrenchment inelectronicssales.
- Plans for such asignificantfiscalretrenchment come at avulnerabletimefor theworldeconomy.
- Bankemployeeshavesufferedfrommassretrenchments.
- One fifth of thesamplehadexperiencedunemploymentthrough retrenchment in themanufacturingindustries.
Economics
- accommodative
- anti-economic
- anti-inflation
- anti-inflationary
- anti-recession
- Chancellor of the Exchequer
- double-dip
- float
- GDP
- go-go
- hyperinflation
- inflation
- monetarist
- monetization
- monetize
- neoliberal
- non-economist
- pecuniary
- protectionism
- upturn
You can also find related words, phrases, and synonyms in the topics:
Firing staff