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economize

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verb [intransitive] economize pronunciation in British English /ɪˈkɒnəmaɪz/ 
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present tense
I/you/we/theyeconomize
he/she/iteconomizes
present participleeconomizing
past tenseeconomized
past participleeconomized
  1. to use something such as money or fuel very carefully, so that you waste as little as possible
    economize on:

    Economizing on food is the only choice we have.

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