This is the 6292nd most frequent Russian word.
урезать
"Урезать" means "to cut down" or "to reduce."
Used in the context of reducing monetary compensation for workers.
Компания решила урезать зарплаты сотрудников.
The company decided to cut employees' salaries.
Used in the context of reducing allocated resources for a sector or program.
Правительство планирует урезать финансирование образования.
The government plans to cut education funding.
Used in the context of decreasing planned expenses from a personal budget.