First Known Use: 13th century
Dictionary
thrift
noun \ˈthrift\
: careful use of money so that it is not wasted
: a business like a bank that is used for saving money : a savings bank or a savings and loan association
Full Definition of THRIFT
1
: healthy and vigorous growth
2
: careful management especially of money
3
chiefly Scottish : gainful occupation
4
: any of a genus (Armeria) of low-growing perennial evergreen herbs of the plumbago family; especially : a tufted herb (A. maritima) with pink or white flower heads
5
: a savings bank or savings and loan association —called also thrift institution
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Origin of THRIFT
Middle English, from Old Norse, prosperity, from thrīfask to thrive
Related to THRIFT
- Synonyms
- frugality, husbandry, parsimony, penny-pinching, providence, scrimping, skimping, economy
- Antonyms
- diseconomy, wastefulness
Other Economics Terms
THRIFT Defined for Kids
thrift
noun \ˈthrift\
Definition of THRIFT for Kids
: careful management especially of money
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