verb · neutral
economize
UK/ɪˈkɒnəmaɪz/US/ɪˈkɑːnəmaɪz/e·CON·o·mize
Band 6-7task2speaking
to reduce spending or use resources more carefully to save money
Examples
“Families had to economize during the recession.”
“We should economize on electricity to reduce bills.”
“The company economized by cutting non-essential travel.”
Band 8 sentence
“To maintain fiscal sustainability, governments often need to economize in non-priority areas while protecting essential services.”
Collocations
- economize on
- economize by doing sth
Word family
economize verbeconomy nouneconomical adjectiveeconomically adverb
Common mistakes
save the money→economize
economize the energy→economize on energy / economize energy
Say it for a higher band
5save→6cut costs→7+economize
Synonyms
cut costs
save
Easily confused
save
“During the downturn the company had to economize on non-essential expenses.”
Related words
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In -ize
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