economize
C2Pronunciation
UK
- /ɪkˈɒnəmˌaɪz/
US
- /iˈkɑnəˌmaɪz/
- /ɪˈkɑnəˌmaɪz/
Description
- save
- conserve
- use carefully
- cut back
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.
To economize means to use resources carefully and avoid wasting them, often in order to save money or time. It's more than just being frugal; it implies a deliberate effort to make things stretch further.
Historically, "economize" comes from the Greek word oikonomia, meaning household management—essentially, running a home efficiently. This root highlights that economizing isn't always about deprivation, but about smart planning and responsible use.
You might economize on electricity by turning off lights when you leave a room. A chef might economize on ingredients by using leftovers creatively. Businesses economize by streamlining processes or reducing overhead costs.
The word can also be used for writing or speech when someone uses fewer words and avoids anything unnecessary: "She economized on words and got straight to the point." In this sense, it's about efficiency of expression.
While sometimes associated with hardship (like during an economic downturn), economizing isn't always negative. It can be a positive practice promoting sustainability, resourcefulness, and responsible living. So, whether you're saving pennies or streamlining your schedule, to economize is to make the most of what you have while minimizing waste.
Examples
- 1
Personal finances
After his hours were cut, he had to economize for a few months.
- 2
Groceries
We economized on groceries by planning meals for the whole week.
Pattern
economize on + resource/cost
use less of it or spend less on it
- 3
Water use
The new shower head helps families economize on water.
- 4
Business costs
The company is economizing by replacing some business trips with video calls.
- 5
Small spaces
In a small apartment, you learn to economize on space.
Forms and spellings
4 forms open this card.
Main spelling
- economizeverb
Forms
- economizing-ing formverb
- economizedpast tenseverb
- economizesverb