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“retrench” in Latin

The English word retrench itself goes back to Latin truncus, through truncāre.

Riddle & Arnold A Copious and Critical English–Latin Lexicon, 1864

retrench
circumscribere: finire: coercere: reprimere: modum facere alicui rei. To retrench expenses, sumtus circumcidere (Liv.); sumtus contrahere, minuere; parce vivere (Cic.).

Quick answer

What is the Latin word for retrench?
The usual Latin words for “retrench” are circumscrībō, fīniō, coërceō; also reprimō, minuō. The right choice depends on the sense; see the distinctions below.

Entry from J. E. Riddle & T. K. Arnold, A Copious and Critical English–Latin Lexicon (rev. C. Anthon, New York: Harper, 1864), digitised by Fergus J. P. Walsh, CC BY-SA 4.0; Latin markup adapted by latindictionary.co.