The phrasal verb 'pull back' is more commonly used in informal speech but can also be encountered in formal contexts, particularly in business, strategic, or military discussions. In general usage, 'pull back' refers to the act of withdrawing or retreating from a position, either physically, like an army pulling back from a battlefield, or figuratively, such as when a company might pull back resources from a failing project. It is often used to describe a strategic decision to reduce activity or investment in a given area, implying a tactical withdrawal or re-assessment of a situation. In financial contexts, 'pull back' might describe a decrease in stock prices after a period of gain. This versatility in usage makes 'pull back' applicable in diverse situations, though it consistently carries the notion of reduction or retreat.
B1
Intermediate
1. To withdraw or retreat from a position or action.
The troops were ordered to pull back from the front line.
After the backlash, the company decided to pull back on its controversial policy changes.
2. To reduce involvement or investment in something.
Investors decided to pull back from the stock market due to uncertainty.
The CEO announced plans to pull back on expansion efforts to focus more on core operations.