How Do You Spell ECONOMISE?

1. Economise (also spelled "economize") is a verb that relates to the practice of using resources efficiently and sparingly in order to save money, reduce waste, or simplify one's lifestyle. It is derived from the word "economy" and is often associated with financial matters.

   In the context of personal finances, economise refers to the act of reducing expenses or making necessary adjustments in order to save money. This can involve cutting back on non-essential purchases, finding cost-effective alternatives, or adopting thrifty habits to stretch one's budget further. Economising strategies can range from small-scale choices, such as preparing meals at home instead of eating out, to larger-scale decisions, such as downsizing one's living space or cutting back on luxury items.

   On a larger scale, economise can also apply to businesses, governments, or organizations that seek to streamline operations or curtail spending. It involves finding ways to optimize resource allocation, avoid unnecessary expenses, or create efficient systems to maximize productivity. Economising in this sense often involves strategic planning, cost-benefit analysis, and long-term sustainability considerations.

   Overall, the concept of economise encompasses actions taken to achieve efficiency, reduce waste, and save resources, particularly in the financial realm. It emphasizes the importance of making thoughtful choices to ensure that resources are utilized effectively in order to meet one's goals and objectives while avoiding unnecessary expenditures.

2. To manage money matters, or household expenditure, with frugality.

   Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.

Common Misspellings for ECONOMISE

The word "economise" originates from the Greek word "oikonomia", which means "household management" or "the management of a household or family". This Greek term is derived from "oikos" (house) and "nemein" (manage or distribute). In Latin, the word "oecenomia" evolved, which further transformed into "oeconomia" in Old French, and eventually into "economise" in Middle English. Over time, the meaning of "economise" expanded to refer to the efficient and careful management of resources and finances in general.

Similar spelling words for ECONOMISE

Conjugate verb Economise

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