Word family noun economics economist economy adjective economic economical ≠ uneconomic(al) economy verb economize adverb economically ≠ uneconomically
From Longman Dictionary of Contemporary Englisheconomizee‧con‧o‧mize (also economise British English) /ɪˈkɒnəmaɪz $ ɪˈkɑː-/ verb [intransitive] SPEND MONEYto reduce the amount of money, time, goods etc that you use SYN cut downeconomize on Higher taxes encourage people to economize on fuel.→ See Verb tableExamples from the Corpus
economize• This lack of sensitivity to the wellsprings of quality largely stems from shopworn but doggedly persistent ideas on where to economize.• Sorry, I can't come out tonight - I'm trying to economize.• If she economized, and perhaps moved in with William, she could probably last for longer.• So she economized by drinking cheap cooking sherry.• Other things equal, the higher the rate of interest, the more individuals can be expected to economize on cash holdings.• Families on low incomes are having to economize on food and heating costs.• He was a master at economizing on his investments.• Having several models economized shooting time since a second unit could operate simultaneously.• We're economizing this year by having a cheaper vacation.• Meanwhile, industry, too, had economized, with steel producers using about 20 percent less energy per ton.• He had tried to economize with the size and quality and the envelopes were in danger of splitting.economize on• We're looking for ways to help farmers economize on chemicals and fertilizer.From Longman Business Dictionaryeconomizee‧con‧o‧mize /ɪˈkɒnəmaɪz ɪˈkɑː-/ (also economise British English) verb [intransitive] to reduce the amount of time, money, goods etc that you useThe company will continue to economize by shedding a further 2,000 jobs this year.economize onNew machines were brought in to economize on labor.→ See Verb table 