economize
Pronunciation: [ɪˈkɒnəmaɪz]
Word
Context: "finance"
(verb) to save money or resources by using less of them. It means being careful about how you spend and making sure not to waste what you have. This can help you keep more money for things you really need.
Example
My family decided to economize by cooking at home instead of eating out.
Example
They did not economize their budget at all and spent too much money last month.
Example
How can we economize on our grocery shopping this week?
Context: "resources"
(verb) to use something carefully and not waste it. This can apply to time, energy, or materials, making sure we use just what we need and not more.
Example
The school is trying to economize on electricity by turning off lights when they are not needed.
Example
If we don't economize our time, we will run out of time before the project is finished.
Example
What can we do to economize our water usage during the summer?
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