Definition

To use less of something, especially money or resources, in order to save or be more efficient.

Example

We need to economise on our spending this month to save for the holiday.

Tense Forms

Conversation

I’ve been trying to economise on my grocery shopping lately.

That sounds smart! Have you found any good tips?

Yeah, I started buying in bulk and planning my meals ahead.

Great idea! It really helps save both money and time.

Synonyms & Antonyms

Root Explanation

Economise → It is formed from "oikos" (meaning house or household) and "nomos" (meaning law or management). The word refers to the management of household resources, hence the meaning to use resources sparingly or efficiently.

Memory Tip

Think of managing a 'household' ('oikos') according to 'laws' or rules ('nomos') — that's why economise means to use resources wisely.

Visually Confused Words