The word "cutback" is correct and usable in written English.
It is typically used to describe a decrease in the size or scope of something, such as a budget. For example, "The company had to make a cutback in its advertising budget."
Joe Ledley doubled Celtic's advantage with a calm finish from Stokes's cutback.
In the circumstances, an increase in interest rates could easily provoke a damaging cutback in spending by nervous consumers.
And the 1924 Immigration Act, which really did lead to a drastic cutback in immigration, was based on quotas by race and country of origin rather than ideology.
Each cutback, he argues, has left America unprepared for future conflicts.
The recent one was not major"."The implication of a federal guarantee for well connected financial firms spreads over the bill and overshadows unbelievable claims in the fine print that there is none"."The complexity is having the effect of weakening it""The orderly resolution facilities and cutback on Fed powers were a good idea.
Indeed, in the longer term, there are signs that the company and the Ford family are considering even more drastic action.The reason for the cutback is that Ford is being hit hard by the fall in sales of big pick-up trucks and SUVs, where it makes most of its profits.
Manpower is undoubtedly going to take a hit now; this has been clear since the 20% fiscal cutback was made public in the autumn.
Most big oil companies have shed downstream businesses in favour of more lucrative oil exploration and production.Suez Lyonnaise des Eaux, a French utility, was reported to be considering a radical cutback.
This in turn is contributing to a sharp cutback in corporate liquidity: deposits held by firms fell by 5.2% in the year to October.The reason is clear: overextended banks fearing big loan losses are trying to shrink their balance-sheets as fast as possible.
Bid after bid in Turkey's ambitious privatisation programme has recently failed because financing could not be put together.Despite the efforts of regulators and multilateral finance institutions, there has been an inevitable cutback of bank exposures to the region.
The net effect appears to have been a relocation and reorganisation of production, not a cutback.
