re•trenchPronunciation: (ri-trench'), [key]
to cut down, reduce, or diminish; curtail (expenses).
to cut off or remove.
to protect by a retrenchment.
to economize; reduce expenses: They retrenched by eliminating half of the workers.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.