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Curtailment
01
the act of withholding or withdrawing some book or writing from publication or circulation
02
the act of reducing or limiting something in order to reach financial stability
03
the temporal property of being cut short
Example
The curtailment of certain benefits led to employee dissatisfaction and increased turnover.
Management implemented cost curtailment measures to reduce expenses and improve profitability.
Economic uncertainty forced the company to implement a curtailment of its expansion plans.
The company announced a curtailment of its production operations in response to declining market demand.
