economize

verb
UK: /ɪˈkɒnəmaɪz/
US: /ɪˈkɑːnəmaɪz/

  1. To reduce the amount of money, fuel, etc. that you use.

    1. We need to economize on heating this winter because of rising energy prices.
    2. Many families economize by buying cheaper brands and cutting back on eating out to save money.

  2. To use something carefully in order to avoid wasting it.

    1. Economize your strength and don't overexert yourself.
    2. The company plans to economize resources by streamlining its production processes and reducing waste.

Synonyms

scrimp conserve stint retrench save
economize noun

  1. The practice of being economical; avoidance of waste or extravagance.

    1. Economize is important for a healthy financial situation.
    2. Through careful economize, the family managed to save enough money for a down payment on a house.

Frequently Asked Questions

The word "economize" in English means: To reduce the amount of money, fuel, etc. that you use., To use something carefully in order to avoid wasting it..

The phonetic transcription of "economize" is /ɪˈkɒnəmaɪz/ in British English and /ɪˈkɑːnəmaɪz/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "economize": scrimp, conserve, stint, retrench, save.

Example usage of "economize": "We need to economize on heating this winter because of rising energy prices.". More examples on the page.