e ‧ con ‧ o ‧ mize BrE AmE ( also economise British English ) /ɪˈkɒnəmaɪz $ ɪˈkɑː-/ verb [intransitive]
[ Word Family: noun : ↑ economics , ↑ economist , ↑ economy ; adjective : ↑ economic , ↑ economical ≠ UNECONOMIC(AL) , ↑ economy ; verb : ↑ economize ; adverb : ↑ economically ≠ ↑ uneconomically ]
to reduce the amount of money, time, goods etc that you use SYN cut down
economize on
Higher taxes encourage people to economize on fuel.