cutback
/ˈkʌtbak
/noun
An act or instance of reducing something, especially expenditure: cutbacks in defence spending...
- Other companies that previously raised money have made cutbacks to reduce costs.
- Because direct taxes will not rise, any shortfall will be clawed back through cutbacks.
- It is estimated that state cutbacks may reduce economic growth by at least one-half percent.
Synonyms
reduction, cut, decrease, retrenchment, trimming, salami slicing;
economy, saving;
North American rollback
informal slash