Want to say economize differently? Here are other words for economize and its similar synonyms and opposite words to say in unique way.
Meaning of economize
The primary meaning of the word "economize" is to reduce costs or expenditure.
Etymology of economize
The word "economize" originates from the French word "économiser", which is derived from the Latin words "oeconomia", meaning "household management", and the suffix "-ize", which forms a verb
The word has been used in English since the 18th century to describe the act of managing resources efficiently, especially in the context of household or business management
Synonyms
conserve
save
preserve
retrench
cut back
reduce
curtail
diminish
decrease
lower
minimize
streamline
downsize
simplify
moderate
restrain
tighten
belt-tighten
scrape
scrimp
skimp
pinch
pare
trim
prune
cut
slash
budget
ration
allocate
apportion
dispense
mete
dole
stint
husband
manage
administer
steward
husband resources
use sparingly
use frugally
Definitions
- To reduce costs or expenditure by avoiding waste or excess
- To manage or use resources efficiently, especially by avoiding waste or excess
- To make something more efficient or cost-effective, often by simplifying or streamlining a process
Usage Examples
- The company had to economize on production costs in order to stay competitive in the market
- She learned to economize on her daily expenses by cooking at home and avoiding unnecessary purchases
- The government implemented policies to economize on energy consumption and reduce carbon emissions
Antonyms
waste
squander
lavish
splurge
indulge
extravagance
excess
profligacy
improvidence
recklessness
spendthrift
profusion
magnificence
opulence
luxury
extravagance
lavishness
squandering
improvident
reckless
spendthrift
profligate