thrift Definition
- 1the habit of saving money and spending it carefully so that none is wasted
- 2a bank or savings institution
Using thrift: Examples
Take a moment to familiarize yourself with how "thrift" can be used in various situations through the following examples!
Example
Her thrift allowed her to save enough money to buy a house.
Example
The thrift offers competitive interest rates on savings accounts.
Example
He learned the value of thrift from his parents.
Example
The company's thrift plan encourages employees to save for retirement.
thrift Synonyms and Antonyms
Synonyms for thrift
Antonyms for thrift
Idioms Using thrift
it is best not to borrow or lend money to friends or family members in order to avoid damaging relationships
Example
My grandfather always told me, 'Neither a borrower nor a lender be.'
penny-wise and pound-foolish
being careful with small amounts of money while wasting large amounts
Example
He's penny-wise and pound-foolish, always buying cheap things that break easily and end up costing him more in the long run.
cutting corners
to do something in the easiest, quickest, or cheapest way possible, often by ignoring rules or standards
Example
The company was cutting corners to save money, which led to a decrease in product quality.
Phrases with thrift
Example
I found this great jacket at the thrift store for only $5.
Example
I love shopping at thrift shops because you can find unique items at affordable prices.
a movement that promotes sustainable living through reducing waste and reusing resources
Example
Thrift culture encourages people to buy second-hand items and reduce their carbon footprint.
Origins of thrift
from Old Norse 'þrift', meaning 'prosperity'
Summary: thrift in Brief
The term 'thrift' [thrɪft] refers to the habit of saving money and spending it carefully. It can also refer to a bank or savings institution. Examples include 'Her thrift allowed her to save enough money to buy a house.' and 'The thrift offers competitive interest rates on savings accounts.' Phrases like 'thrift store' and 'thrift shop' denote shops that sell second-hand goods at low prices, while 'thrift culture' promotes sustainable living. Idioms like 'neither a borrower nor a lender be' and 'penny-wise and pound-foolish' caution against careless spending.
