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economize

verb [I] (UK usually economise)
 
 
/ɪˈkɒn.ə.maɪz/ US  /-ˈkɑː.nə-/

Definition

to try to save money by reducing the amount that you are spending: You could economize on food by not eating in restaurants all the time. A lot of companies are trying to economize by not taking on new staff.Budgeting and saving money
(Definition of economize verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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