economizing

[ɪˈkɒnəmaɪzɪŋ]

economizing Definition

• 1. spending less money on something than you normally would
• 2. using resources efficiently to reduce waste

Using economizing: Examples

Take a moment to familiarize yourself with how "economizing" can be used in various situations through the following examples!

• Example

  We are economizing on our household expenses this month.

• Example

  The company is economizing by reducing its workforce.

• Example

  Economizing on energy use can help reduce your utility bills.

economizing Synonyms and Antonyms

Synonyms for economizing

• saving
• cutting back
• reducing expenses

Antonyms for economizing

• splurging
• spending freely

Phrases with economizing

• economize on time

  to use time efficiently and avoid wasting it

  Example

  I try to economize on time by planning my schedule ahead of time.

• economize on space

  to use space efficiently and avoid wasting it

  Example

  We had to economize on space in our small apartment by using multi-functional furniture.

• economize on resources

  to use resources efficiently and avoid wasting them

  Example

  The company is trying to economize on resources by recycling and reducing waste.

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Summary: economizing in Brief

'Economizing' [ɪˈkɒnəmaɪzɪŋ] refers to spending less money than usual or using resources efficiently to reduce waste. Examples include 'We are economizing on our household expenses this month.' and 'Economizing on energy use can help reduce your utility bills.' Phrases like 'economize on time' and 'economize on space' denote efficient use of time and space, while idioms are not commonly used with this word.