false economy Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “false economy” in the English Dictionary

"false economy" in British English

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false economynoun [C usually singular]

uk   us  
an ​action that ​savesmoney at the ​beginning but, over a ​longerperiod of ​time, ​results in more ​money being ​wasted than being ​saved: Buying ​cheaphouseholdappliances is a ​falseeconomy - they're ​twice as ​likely to ​break down.
(Definition of false economy from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"false economy" in Business English

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false economynoun [S]

uk   us  
something that you do in ​order to ​savemoney but which ​costs you more ​money later: Not fully ​insuring your possessions is a ​falseeconomy, as any ​claim you make may be ​refused.
(Definition of false economy from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “false economy”
in Chinese (Simplified) 假实惠…
in Chinese (Traditional) 假實惠…
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