cut-back

Vocabulary Word

Definition

'Cut-back' is used when we have to lessen or lower something, often because it's too much or not necessary. Like in business, if the company isn't making enough money, they might cut-back on employee benefits.

Examples in Different Contexts

In the creative industry, 'cut back' might relate to project scope. An Art Director might observe, 'We need to cut back on the number of designs to meet the deadline.'

Practice Scenarios

Business

Scenario:

Our first quarter results weren't as good as expected. We need to re-evaluate our costs, especially around marketing and personnel.

Response:

Given our financial situation, it might be necessary to cut-back on our marketing spend.

Academics

Scenario:

The university budget requires a complete analysis. Some departments may have too much funding while others are understaffed.

Response:

If we look at prioritizing needs, we might be able to cut-back on administrative costs to fund more research opportunities.