Define: Retrenchment Strategy

UK Accounting Glossary

Definition: 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.


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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.