Curtailment

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Curtailment

The act or process of reducing a company's operations in order to bring stability to the company. Curtailment usually occurs when the company has been experiencing unsustainable growth that it is unable to manage effectively. Tactics of curtailment include spinning off subsidiaries, laying off staff, and generally focusing the company's operations on the best products that it is able to create effectively. Curtailment is intended to improve efficiency and increase profits.
References in periodicals archive ?
The suggestion looks prudent keeping in view the fact that power plants can be run on alternate fuels but curtailing gas supply of fertilizer units results in import of urea costing the government almost double the price as compared to locally produced urea.
There are three ways participants are rewarded for curtailing load:
So to some observers inside and outside Russia, President Vladimir Putin's announcement in September that he was overhauling the nation's political system and further curtailing democratic reforms as a response to the terrorist attack on a school in Beslan came as less than a shock.
There are many NYSERDA- and NY ISO-sponsored load curtailment programs which essentially allow you to generate revenue based on the amount of energy you are capable of curtailing.
Bishop Gustavo Giron Higuita of Tumaco said the assassination was aimed at curtailing church human rights work reports Catholic Trends.
These include severely curtailing inner-city parking, increasing housing density, integrating residential and commercial structures, and basing property taxes on the value of the land, not the structures that occupy that land.
Alcoa announced in late March it is curtailing 147,000 mt/y of smelting capacity at its Sao Luis (Alumar) and Popos de Caldas smelters in Brazil due to challenging global market conditions in primary aluminum and increased costs that have made the smelters uncompetitive.
The report says that curtailing this tax loss will therefore greatly contribute to revenues available for poverty alleviation and sustainable growth in poorer countries.
Now that medical science is prolonging the lives of the elderly, and curtailing the infant mortality rate, more healthcare facilities to care for the special needs of both age groups will need to be constructed.
The company expects to record a onetime cash charge of approximately $7.5 million in severance costs in connection with its curtailing production of the Willow Creek operations.
capital looking for higher investor yields is replacing mortgage funding from traditional lending outlets which are curtailing their financing for multi-family housing.
Less expensive ones, among them fast food restaurants, have been suffering, curtailing expansion, and even giving up various locations.