Retrenchment

1. Risk management - expenditure.

A reduction in risk exposures, or in spending.

Debt financing - impediments to debt raising

"Retrenchment by debt providers has also become a recurrent theme as banks have sought to refocus how and where they deploy capital and, as a result, we see more movement in the composition of syndicates in syndicated bank financings than has historically been the case.

In response, treasury teams have needed to ensure that they have a broad range of banking relationships to call upon in order to effect a smooth refinancing and to drive the best possible terms."

Corporate debt and treasury report 2022 - Herbert Smith Freehills - ACT.

2. Employment - Australia - South Africa.

The ending of an employment at the instigation of the employer.

Also known as redundancy.

See also

• Employer
• Guide to risk management
• Last in first out
• Redundancy
• Risk management
• Syndication