economise

verb (used without object), e·con·o·mized, e·con·o·miz·ing.

1. to practice economy; avoid waste or extravagance.

verb (used with object), e·con·o·mized, e·con·o·miz·ing.

2. to manage economically; use sparingly or frugally.

verb

1. (often foll by on) to limit or reduce (expense, waste, etc)

v.

1640s, “to govern a household,” from economy + -ize. Meaning “to spend less” is from 1790. Related: Economized; economizing; economization; economizer.