retrenchment

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(rĭ-trĕnch'mənt) pronunciation
n.
  1. A cutting down or back; reduction.
  2. A curtailment of expenses.

Work, usually a trench and parapet, for defence, especially an inner line of defence.

(rĭ-trĕnch'mənt)
n.

The cutting away of superfluous tissue.

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Joseph Hume (English politician)