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retrench

Word family
re·trench /rɪˈtrentʃ/ verb [intransitiveI] formal  
SPEND MONEYif a government or organization retrenches, it spends less money 〔开支〕紧缩 SYN economize
retrenchment noun [countableC, uncountableU]
 a government policy of retrenchment
政府的开支紧缩政策
Examples from the Corpus
From Longman Business Dictionary
retrenchre·trench /rɪˈtrentʃ/ verb [intransitiveI] formalFINANCEECONOMICS
if a company, industry, or government retrenches, it spends less money
Defense companies are retrenching and have scaled back orders.
retrenchment noun [countableC, uncountableU]
No sooner had he taken office when he announced a savage program of retrenchment and deflation.
a drasticretrenchment plan
Origin retrench
(1500-1600) Early French retrencher, from Old French trenchier to cut
re·trench verb
Chinese
Syllable
Corpus

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