1. One who economizes, or manages domestic or other concerns with frugality; one who expends money,
time, or labor, judiciously, and without waste. "Economists even to parsimony." Burke.
2. One who is conversant with political economy; a student of economics.
Economization
(E*con`o*mi*za"tion) n. The act or practice of using to the best effect. [R.] H. Spenser.
Economize
(E*con"o*mize) v. t. [imp. & p. p. Economized ; p. pr. & vb. n. Economizing.] [Cf. F. économiser.]
To manage with economy; to use with prudence; to expend with frugality; as, to economize
one's income. [Written also economise.]
Expenses in the city were to be economized.
Jowett
Calculating how to economize time.
W. Irving. Economize
(E*con"o*mize), v. i. To be prudently sparing in expenditure; to be frugal and saving; as, to
economize in order to grow rich. [Written also economise.] Milton.
Economizer
(E*con"o*mi`zer) n.
1. One who, or that which, economizes.
2. Specifically: (Steam Boilers) An arrangement of pipes for heating feed water by waste heat in the
gases passing to the chimney.
Economy
(E*con"o*my) n.; pl. Economies [F. économie, L. oeconomia household management, fr.
Gr. o'ikonomi`a, fr. o'ikono`mos one managing a household; o'i^kos house (akin to L. vicus village, E.
vicinity) + no`mos usage, law, rule, fr. ne`mein to distribute, manage. See Vicinity, Nomad.]
1. The management of domestic affairs; the regulation and government of household matters; especially
as they concern expense or disbursement; as, a careful economy.
Himself busy in charge of the household economies.
Froude. 2. Orderly arrangement and management of the internal affairs of a state or of any establishment kept
up by production and consumption; esp., such management as directly concerns wealth; as, political economy.
3. The system of rules and regulations by which anything is managed; orderly system of regulating the
distribution and uses of parts, conceived as the result of wise and economical adaptation in the author,
whether human or divine; as, the animal or vegetable economy; the economy of a poem; the Jewish
economy.
The position which they [the verb and adjective] hold in the general economy of language.
Earle.
In the Greek poets, as also in Plautus, we shall see the economy . . . of poems better observed than
in Terence.
B. Jonson.
The Jews already had a Sabbath, which, as citizens and subjects of that economy, they were obliged to
keep.
Paley. 4. Thrifty and frugal housekeeping; management without loss or waste; frugality in expenditure; prudence
and disposition to save; as, a housekeeper accustomed to economy but not to parsimony.
Political economy. See under Political.
Syn. — Economy, Frugality, Parsimony. Economy avoids all waste and extravagance, and applies
money to the best advantage; frugality cuts off indulgences, and proceeds on a system of saving. The
