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Verb: economize  i'kó-nu,mIz
  1. Use cautiously and frugally
    "I try to economize my spare time";
    - conserve, husband, economise [Brit]
     
  2. Spend sparingly, avoid the waste of
    "The less fortunate will have to economize now";
    - save, economise [Brit]

Derived forms: economizing, economizes, economized

Type of: drop, expend, preserve, save, spend