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What is another word for retrenchment?

Need synonyms for retrenchment? Here's a list of similar words from our thesaurus that you can use instead.

A reduction or curtailment, especially of business operations or staff
“The retrenchment of gas imports has assailed the country's northern mining district.”
Careful management of available resources
A long and severe recession in an economy or market
The state of being deficient in something
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