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retrench

/rɪˈtrentʃ/verb

उच्चारण रिट्रेन्च

खर्च घटाना, कटौती करना, मितव्ययिता बरतना

Advanced word

verb
  1. 1

    [I] formal

    (of a business, government or person) to spend less money and reduce costs

    खर्च घटाना, कटौती करना, मितव्ययिता बरतना

    • The company has had to retrench because of falling sales.
    • In difficult times, families retrench on luxuries first.

    Synonyms economize cut back save tighten your belt

    Opposite expand spend

  2. 2

    [T] ~ sb

    to dismiss workers from their jobs in order to reduce costs

    छँटनी करना, (कर्मचारियों को) नौकरी से निकालना

    • The mill retrenched two hundred workers last year.

    Synonyms lay off dismiss make redundant

    Opposite recruit hire

◇Word family
≈Synonyms and antonyms

Synonyms

economize cut back save tighten your belt lay off dismiss make redundant

Antonyms

expand spend recruit hire

§Grammar and usage

Usage: in Indian English and in labour law, retrenchment usually means dismissing workers to cut costs.

Usage में Indian English और श्रम कानून में retrenchment का अर्थ आमतौर पर खर्च घटाने के लिए कर्मचारियों की छँटनी होता है।

✓In the exam

General knowledge

In India, the Industrial Disputes Act, 1947 lays down the conditions and compensation for the retrenchment of workers.

भारत में Industrial Disputes Act, 1947 कर्मचारियों की छँटनी की शर्तें और मुआवज़ा तय करता है।