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economize

C2
Uncommon

Pronunciation

UK

  • /ɪkˈɒnəmˌaɪz/

US

  • /iˈkɑnəˌmaɪz/

Meanings

Verb

  1. to spend less money or avoid unnecessary expense

  2. to use resources, time, materials, or effort sparingly

Beyond the definition

Imagine your favorite cookies are running low. To economize means to make those cookies last longer—maybe you eat just one instead of three! It's about being careful with resources, whether they are cookies, money, time, or energy. If a family is facing hard times, they might need to economize by cutting back on non-essential expenses like entertainment. You can also economize your efforts by finding the most efficient way to get something done. It's all about making the most of what you have and avoiding waste.

Examples

  1. 1

    Personal finances

    After his hours were cut, he had to economize for a few months.

  2. 2

    Groceries

    We economized on groceries by planning meals for the whole week.

    • Patterneconomize on + resource/cost

      use less of it or spend less on it

  3. 3

    Water use

    The new shower head helps families economize on water.

  4. 4

    Business costs

    The company is economizing by replacing some business trips with video calls.

More examples
  1. 5

    Small spaces

    In a small apartment, you learn to economize on space.

See also

Similar

Shades of meaning

Contrast

Used with (collocations)

  • economize on expenses
  • economize on fuel
  • economize by doing something

Word family

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Forms and spellings

4 forms open this card.

Main spelling

  • economizeverb

Forms

  • economizing-ing formverb
  • economizedpast tenseverb
  • economizesverb