Economizer: meaning, definitions and examples

💰
Add to dictionary

economizer

 

[ ɪˈkɒnəˌmaɪzər ]

Context #1

energy saving

An economizer is a device or a system that reduces the energy consumption of a process by recovering energy that would otherwise be wasted.

Synonyms

efficiency device, energy saver

Examples of usage

  • The new factory has installed an economizer to reduce its electricity bills.
  • Using an economizer in the HVAC system can significantly decrease energy costs.
Context #2

finance

In finance, an economizer is a person who is skilled at saving or reducing expenses.

Synonyms

budget-savvy person, cost-cutter

Examples of usage

  • He is known as the office economizer because he always finds ways to cut costs.
  • The company hired an economizer to help them manage their budget more effectively.

Translations

Translations of the word "economizer" in other languages:

🇵🇹 economizador

🇮🇳 अर्थव्यवस्था यंत्र

🇩🇪 Ökonomisierer

🇮🇩 penghemat energi

🇺🇦 економайзер

🇵🇱 ekonomizer

🇯🇵 エコノマイザー

🇫🇷 économiseur

🇪🇸 economizador

🇹🇷 ekonomizer

🇰🇷 에코노마이저

🇸🇦 مقتصد

🇨🇿 ekonomizér

🇸🇰 ekonomizér

🇨🇳 经济器

🇸🇮 ekonomizer

🇮🇸 sparnaðartæki

🇰🇿 экономайзер

🇬🇪 ეკონომაიზერი

🇦🇿 ekonomayzer

🇲🇽 economizador

Word origin

The term 'economizer' originated in the late 19th century from the combination of the words 'economy' and 'izer'. It first appeared in the context of energy efficiency and later expanded to include financial savings. The concept of economizing has been an essential part of human society throughout history, as people have always sought ways to save resources and maximize efficiency.

See also: economic, economical, economics, macroeconomy.