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economism

economism

9.9
An old word for careful use of money to save and avoid waste
  • noun
  • /ˌɛkəˈnɒmɪzəm/
  • Archaic
translation icon : economía
  • In the past, economism was considered a virtue in managing household expenses.

Examples

  • The merchant's economism allowed his business to survive difficult times.

  • Many people practice economism to save money for emergencies.

  • Her strict economism meant she saved every coin to rebuild the family shop.

  • The rise of economism has changed how we view resource management.

  • Her strict economism meant she saved every coin to rebuild the family shop.

  • In the past, economism was considered a virtue in managing household expenses.

  • The merchant's economism allowed his business to survive difficult times.

Synonyms

economy
vseconomism
54 3.1

Careful use of time, money, or effort to avoid waste

applies mainly to careful money or material management rather than all resources
thrift
vseconomism
19 3.8

Careful use of money and things to avoid waste

is an archaic way to name that same careful management
frugality
vseconomism
8 5.8

Careful use of money and things to avoid waste

is an archaic word for the same careful management
parsimony
vseconomism
2 9.9

A strong habit of not spending money or using resources

is less extreme, focusing on careful management rather than harsh refusal
thriftiness
vseconomism
1 5.0

Careful use of money and things to avoid waste

is an older label for careful saving rather than modern usage
penny-pinching
vseconomism
  • Informal
1 7.5

A strong unwillingness to spend money

is the neutral older term for careful management, not extreme saving
stinginess
vseconomism
1 6.8

A habit of not wanting to give or spend money

is about careful management and saving rather than reluctance to share
miserliness
vseconomism
1 8.2

Not wanting to spend money, even on small things you need

means careful management without strong negative judgment about generosity
frugalness
vseconomism
6.8

Careful use of money and things to avoid waste

is an older term used for that same careful saving
parsimoniousness
vseconomism
9.9

A strong dislike of spending money or using things

is milder, meaning careful management rather than extreme reluctance
penuriousness
vseconomism
  • Formal
9.9

A strong unwillingness to spend money

focuses on prudent resource use rather than severe reluctance to spend
tightfistedness
vseconomism
  • Offensive
8.6

Being unwilling to spend money, even when needed

refers to careful money management without implying personal meanness

Antonyms

7 6.8

Spending a lot of money in a wasteful way

profligacy
  • Formal
3 9.8

A very wasteful use of money or things that shows little care about cost

How Frugal

parsimony
2 9.9
economism
  • Archaic
9.9
prudence
18 6.1
wastefulness
1 4.6

Surface Forms

economism singular
economisms plural

Morphology

economism = economy (opaque) = econom + ism

This sense depends on an older meaning of 'economy' = thrift/careful management, which is now archaic and not the primary sense learners know.

Etymology

Economism comes from economy ('careful management of money or the household') and the ending -ism ('a habit' or 'a practice'), so it once meant frugality or careful saving.