RETRENCHMENT - Định nghĩa trong Từ điển tiếng Anh
retrenchment (noun)
/rɪˈtrentʃmənt/
Giải nghĩa:
The act of reducing costs or spending in response to economic difficulty
Ví dụ:
The company had to undergo retrenchment during the financial crisis to survive.
retrenchment (noun)
/rɪˈtrentʃmənt/
Giải nghĩa:
In military usage, a reduction in forces, or withdrawal of troops to a defensive position
Ví dụ:
The army made a strategic retrenchment to avoid losing more soldiers.
Cách sử dụng
Retrenchment refers to a financial strategy used by companies or organizations to cut costs and reduce spending. It can involve cutting jobs, reducing employee benefits, freezing salaries, and/or reducing the budget for certain projects. Retrenchment is usually done in response to economic or financial difficulties that the organization is facing. As an English learner, you may encounter this word in a business context, such as in news articles or during discussions about company finances.
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