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

:  healthy and vigorous growth
:  careful management especially of money
chiefly Scottish :  gainful occupation
:  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
:  a savings bank or savings and loan association —called also thrift institution

Examples of THRIFT

  1. Through hard work and thrift they sent all of their children to college.
  2. <through hard work and thrift our father was able to raise the money to put all four of us through college>

Origin of THRIFT

Middle English, from Old Norse, prosperity, from thrīfask to thrive
First Known Use: 13th century

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with THRIFT


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May 24, 2015
erudite Hear it
learned or pedantic
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