ECONOMISING Meaning and
Definition
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Economising, also spelled as "economizing," is a verb that refers to the act of using resources, whether they be time, money, or materials, in a careful and efficient manner in order to reduce waste and achieve maximum benefits or savings. It is the conscious effort of an individual, organization, or society to prioritize frugality and prudence in their economic decisions and activities.
In the context of personal finance, economising often involves making wise choices about spending and saving money. This could include budgeting, seeking discounts or sales, comparing prices, or cutting back on unnecessary expenses. By doing so, individuals aim to maximize their savings, increase their financial security, and achieve their desired financial goals.
At the corporate or organizational level, economising is often focused on minimizing costs and improving efficiency. This could involve measures such as streamlining operations, optimizing supply chains, reducing waste, and maximizing the use of available resources.
On a societal level, economising is often related to sustainable development and responsible resource management. It involves finding ways to meet the needs of the present population without compromising the ability of future generations to meet their own needs. Economising in this sense can include practices such as recycling, energy conservation, and sustainable agriculture.
Overall, economising is a practice that embodies the principle of resourcefulness and careful allocation of resources to achieve greater value, efficiency, and sustainability.
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Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Etymology of ECONOMISING
The word "economising" originates from the verb "economize". "Economize" comes from the French word "économiser", derived from the Latin word "oeconomizare". The Latin term is a combination of the Greek word "oikonomos" (meaning "manager of a household") and the verb "izein" (meaning "to make or become"). Therefore, "economising" ultimately means the act of managing or making something more efficient, typically related to resources, budget, or finances.
Similar spelling words for ECONOMISING
- economiser,
- economic,
- economizer,
- economic rent,
- econometric,
- economics,
- economically,
- Economies,
- economizes,
- econometrist,
- Economist,
- economize,
- economical,
- economic aid,
- Economized,
- econometrics,
- Economizing,
- econometrician,
- economise.
Conjugate verb Economising
CONDITIONAL
I
would economise
we
would economise
you
would economise
he/she/it
would economise
they
would economise
FUTURE
I
will economise
we
will economise
you
will economise
he/she/it
will economise
they
will economise
FUTURE PERFECT
I
will have economised
we
will have economised
you
will have economised
he/she/it
will have economised
they
will have economised
PAST
I
economised
we
economised
you
economised
he/she/it
economised
they
economised
PAST PERFECT
I
had economised
we
had economised
you
had economised
he/she/it
had economised
they
had economised
PRESENT
I
economise
we
economise
you
economise
he/she/it
economises
they
economise
PRESENT PERFECT
I
have economised
we
have economised
you
have economised
he/she/it
has economised
they
have economised
I
am economising
we
are economising
you
are economising
he/she/it
is economising
they
are economising
I
was economising
we
were economising
you
were economising
he/she/it
was economising
they
were economising
I
will be economising
we
will be economising
you
will be economising
he/she/it
will be economising
they
will be economising
I
have been economising
we
have been economising
you
have been economising
he/she/it
has been economising
they
have been economising
I
had been economising
we
had been economising
you
had been economising
he/she/it
had been economising
they
had been economising
I
will have been economising
we
will have been economising
you
will have been economising
he/she/it
will have been economising
they
will have been economising
I
would have economised
we
would have economised
you
would have economised
he/she/it
would have economised
they
would have economised
I
would be economising
we
would be economising
you
would be economising
he/she/it
would be economising
they
would be economising
I
would have been economising
we
would have been economising
you
would have been economising
he/she/it
would have been economising
they
would have been economising
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