retrenchment :

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retrenchment

ree trench muhnt

  • n  entrenchment consisting of an additional interior fortification to prolong the defense
  • n  the reduction of expenditures in order to become financially stable

  • But if it's happening to a lot of them at once, you get the paradox of deleveraging: a downward spiral in which failure begets more failure and retrenchment begets more retrenchment.
  • The retrenchment at individual campuses will mean fewer student jobs, fewer teaching assistants, a virtual elimination of lecturers (who often teach up to 30% of undergraduate .
  • Last week the outgoing former Finance Minister, thrifty Junnosuke Inouye, famed for wise and adroit retrenchment, boiled over in helpless rage.
News & Articles

  • THE NLJ 350
    Law firms grew by just 1.1 percent in 2012, a retrenchment from 2011. Most of the gains were among partners; associate results were flat.
    June 8, 2013 - Law.com
  • Many school districts planning classroom cutbacks, report shows
    HARRISBURG - Three-fourths of Pennsylvania's school districts plan to scale back instructional programs in the 2013-14 school year, according to a survey released Wednesday that forecasts a third straight year of retrenchment.
    June 6, 2013 - Reading Eagle
  • Three-fourths of Pa.'s districts plan program cuts in 2013-14
    HARRISBURG (AP) — Three-fourths of Pennsylvania's school districts plan to scale back instructional programs in the 2013-14 school year, according to a survey released Wednesday that forecasts a third straight year of retrenchment.
    June 6, 2013 - Pocono Record

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