Source : Webster's Revised Unabridged Dictionary (1913)

Curtailment \Cur*tail"ment\ (k?r-t?l"ment), n.
   The act or result of curtailing or cutting off. --Bancroft.

Source : WordNet®

curtailment
     n 1: the temporal property of being cut short
     2: the act of withholding or withdrawing some book or writing
        from publication or circulation; "a suppression of the
        newspaper" [syn: {suppression}]
     3: the reduction of expenditures in order to become financial
        stable [syn: {retrenchment}, {downsizing}]