Retrenchment Strategy

Business, Legal & Accounting Glossary

Definition: Retrenchment Strategy

Retrenchment Strategy

What is the dictionary definition of Retrenchment Strategy?

Dictionary Definition

A strategy used by corporations to reduce the diversity or the overall size of the operations of the company. This strategy is often used in order to cut expenses with the goal of becoming a more financially stable business. Typically this strategy involves withdrawing from certain markets or the discontinuation of selling certain products or service in order to make a beneficial turnaround.

Cite Term

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Page URL
Modern Language Association (MLA):
Retrenchment Strategy. Payroll & Accounting Heaven Ltd.
December 01, 2022
Chicago Manual of Style (CMS):
Retrenchment Strategy. Payroll & Accounting Heaven Ltd. (accessed: December 01, 2022).
American Psychological Association (APA):
Retrenchment Strategy. Retrieved December 01, 2022
, from website:

Definition Sources

Definitions for Retrenchment Strategy are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 8th January, 2020 | 0 Views.