economises
Cuts back spending
Economises is the British spelling of economizes, meaning to reduce spending or use resources more carefully.
Someone who economises cuts back on expenses or finds ways to stretch what they have: We economised by eating out less.
The word can also mean to use something sparingly: She economised her energy for the final sprint.
Reducing workforce or scale
- restructuringRearranging an existing framework
- layoffsMass job eliminations
- outsourcingThird-party task delegation
- streamliningMaking more aerodynamic or efficient
consolidation · retrenchment · trimming · curtailment · reduction · paring · cutbacks · divestment
Sparing with resources
- parsimoniousExcessively unwilling to spend
- sparingUsing resources minimally
- prudentExercising sound judgment
- thriftyPrudent with resources
measured · judicious · provident · careful · sensible · mindful · restrained · conservative
Enforced economic stringency
- recessionProlonged economic decline
- scarcityInsufficiency of something needed
- rationingLimiting distribution during scarcity
- deprivationState of lacking necessities
sacrifice · subsistence · hardship · shortage · want · necessity · struggling · scraping
Maximizing efficiency or performance
- productivityOutput relative to input
- leanLacking fat; incline
- streamliningMaking more aerodynamic or efficient
- automationSelf-operating system design
resourcefulness · workflow · time-saving · maximizing · stretching · rationing · conservation · utilizing
Arranging for future events
- allocationDistribution of shares
- forecastingEstimating future conditions
- financesMonetary affairs
- expensesMoney spent on things
accounts · expenditure · cashflow · balance · accounting · financial · management · projection
downsizing
Reducing workforce or scale
- restructuringRearranging an existing framework
- layoffsMass job eliminations
- outsourcingThird-party task delegation
streamlining · consolidation · retrenchment · trimming · curtailment · reduction · paring · cutbacks · divestment · pruning
frugal
Sparing with resources
- parsimoniousExcessively unwilling to spend
- sparingUsing resources minimally
- prudentExercising sound judgment
thrifty · measured · judicious · provident · careful · sensible · mindful · restrained · conservative · modest
austerity
Enforced economic stringency
- recessionProlonged economic decline
- scarcityInsufficiency of something needed
- rationingLimiting distribution during scarcity
deprivation · sacrifice · subsistence · hardship · shortage · want · necessity · struggling · scraping · surviving
optimization
Maximizing efficiency or performance
- productivityOutput relative to input
- leanLacking fat; incline
- streamliningMaking more aerodynamic or efficient
automation · resourcefulness · workflow · time-saving · maximizing · stretching · rationing · conservation · utilizing · prioritizing
planning
Arranging for future events
- allocationDistribution of shares
- forecastingEstimating future conditions
- financesMonetary affairs
expenses · accounts · expenditure · cashflow · balance · accounting · financial · management · projection · spreadsheet
economisessplurges
Spends lavishly on treats
squanders · overspends · splashes out · indulges · maxes out
economiseswastes
Uses poorly or discards
squanders · fritters away · depletes · exhausts · burns through
- The EconomistBritish weekly covering global affairs
- home economistHousehold science specialist