The act of contracting or reducing operations of a company in the hope of bringing it financial or operational stability. This management technique is often used when a company has grown too fast and is unable to effectively manage its operations.
A company may use several techniques for curtailing its operations, such as cutting down its workforce or spinning off some operations. This is an effective management technique as it helps to refocus the company on operational efficiencies, which improve shareholder wealth.
Investment dictionary. Academic. 2012.
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Curtailment — Cur*tail ment (k?r t?l ment), n. The act or result of curtailing or cutting off. Bancroft. [1913 Webster] … The Collaborative International Dictionary of English
curtailment — I noun abatement, abbreviation, abbreviature, abridgment, compression, condensation, constriction, contraction, cut back, cutting down, cutting off, declension, decline, decrease, decrescence, depression, deprivation, diminishment, diminution,… … Law dictionary
curtailment — [[t]kɜː(r)te͟ɪlmənt[/t]] N SING: usu N of n The curtailment of something is the act of reducing or limiting it. [FORMAL] ...a considerable curtailment of military spending. ...the curtailment of presidential power … English dictionary
curtailment — curtail UK US /kɜːˈteɪl/ verb [T] ► to reduce or limit something: »The Federal Reserve raised interest rates slightly to curtail inflation. »The last government severely curtailed trade union rights. curtailment noun [C or U] ► »They will not… … Financial and business terms
curtailment — curtail ► VERB ▪ reduce in extent or quantity. DERIVATIVES curtailment noun. ORIGIN from obsolete curtal «horse with a docked tail», from Latin curtus, influenced by TAIL(Cf. ↑tailless) … English terms dictionary
curtailment — noun Date: 1794 the act of curtailing ; the state of being curtailed … New Collegiate Dictionary
curtailment — See curtailer. * * * … Universalium
curtailment — noun The act of curtailing … Wiktionary
curtailment — Synonyms and related words: abbreviation, abridgment, abstract, apocope, arrest, arrestation, astriction, astringency, attrition, bereavement, bottleneck, cervix, check, cheeseparing, circumscription, coarctation, compactedness, compaction,… … Moby Thesaurus
curtailment — I (Roget s IV) n. Syn. decrease, condensation, cutback; see abbreviation 1 , 2 , reduction 1 . II (Roget s Thesaurus II) noun The act or process of decreasing: abatement, cut, cutback, decrease, decrement, diminishment, diminution, drain,… … English dictionary for students