Definition, Meaning & Synonyms
economize
verb
/ɪˈkɒn.ə.maɪz/
Definition
To reduce expenses or use resources sparingly.
Examples
- We need to economize on our energy consumption to save on bills.
- During the budget cuts, the company had to economize on several projects.
- She learned to economize while grocery shopping by buying in bulk.
Meaning
To manage resources in a way that saves money or materials.
Synonyms
- save
- conserve
- cut back
- reduce
- scrimp
