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English definition of “economize”

economize

verb [I] uk (UK usually economise)   /ɪˈkɒn.ə.maɪz/ us    /-ˈkɑː.nə-/
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.
(Definition of economize from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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