Usually means: Reducing costs through efficient resource use.
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We found 11 dictionaries that define the word economization:

General (10 matching dictionaries)
  1. economization: Oxford Learner's Dictionaries
  2. economization: Collins English Dictionary
  3. economization: Wordnik
  4. economization: Wiktionary
  5. Economization: Dictionary.com
  6. Economization: Online Plain Text English Dictionary
  7. economization: Webster's Revised Unabridged, 1913 Edition
  8. Economization: AllWords.com Multi-Lingual Dictionary
  9. economization: FreeDictionary.org
  10. Economization: TheFreeDictionary.com

Business (1 matching dictionary)
  1. Economization: Legal dictionary

Definitions from Wiktionary (economization)

noun:  The act or practice of using resources to the best effect.

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