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Meaning of "false economy" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF FALSE ECONOMY

false economy  [fɔːls ɪˈkɒnəmɪ] play
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GRAMMATICAL CATEGORY OF FALSE ECONOMY

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
False economy is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES FALSE ECONOMY MEAN IN ENGLISH?

false economy

False economy

A false economy is an action that saves money at the beginning but which, over a longer period of time, results in more money being spent or wasted than being saved. For example, if a city government decided to purchase the least expensive automobiles for use by city workers, it might be termed a false economy, as cheap automobiles have a record of needing more frequent repairs in the long term and the additional repair costs would eradicate any initial savings. Motivating factors on the part of the party engaging in false economies may be linked to the long-term involvement of this party. For example, a real estate developer who builds a condominium may turn the finished structure over to the ensuing condominium corporation which is run by its members once the last unit is sold and the building has passed a final inspection. Longevity of the components of the structure beyond the final turnover of the facility may not be a major motivating factor for the developer, meaning that the result of the application of false economies may be more detrimental to the end user, as opposed to the developer. Individuals may also practise false economy in their personal lives.

Definition of false economy in the English dictionary

The definition of false economy in the dictionary is an attempt to save money which actually leads to greater expense.

WORDS THAT RHYME WITH FALSE ECONOMY


aeronomy
ɛəˈrɒnəmɪ
agronomy
əˈɡrɒnəmɪ
archaeoastronomy
ˌɑːkɪəʊəˈstrɒnəmɪ
astronomy
əˈstrɒnəmɪ
autonomy
ɔːˈtɒnəmɪ
bionomy
baɪˈɒnəmɪ
chemotaxonomy
ˌkiːməʊtækˈsɒnəmɪ
craniognomy
ˌkreɪnɪˈɒnəmɪ
Deuteronomy
ˌdjuːtəˈrɒnəmɪ
diseconomy
ˌdɪsɪˈkɒnəmɪ
economy
ɪˈkɒnəmɪ
folksonomy
fəʊkˈsɒnəmɪ
gastronomy
ɡæsˈtrɒnəmɪ
heteronomy
ˌhɛtərˈɒnəmɪ
isonomy
aɪˈsɒnəmɪ
physiognomy
ˌfɪzɪˈɒnəmɪ
plutonomy
pluːˈtɒnəmɪ
subeconomy
ˈsʌbɪˌkɒnəmɪ
taphonomy
təˈfɒnəmɪ
taxonomy
tækˈsɒnəmɪ

WORDS THAT BEGIN LIKE FALSE ECONOMY

false ankylosis
False Bay
false bedding
false beginner
false bulrush
false cirrus
false colour
false colours
false dawn
false diamond
false friend
false fruit
false gavial
false goldenrod
false imprisonment
false joint
false keel
false memory syndrome
false move
false negative

WORDS THAT END LIKE FALSE ECONOMY

antinomy
black economy
cash economy
command economy
free-enterprise economy
free-market economy
gamma-ray astronomy
infrared astronomy
knowledge economy
market economy
mixed economy
molecular gastronomy
new economy
planned economy
political economy
principle of economy
radio astronomy
service economy
subsistence economy
the principle of economy
X-ray astronomy

Synonyms and antonyms of false economy in the English dictionary of synonyms

SYNONYMS

Translation of «false economy» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF FALSE ECONOMY

Find out the translation of false economy to 25 languages with our English multilingual translator.
The translations of false economy from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «false economy» in English.

Translator English - Chinese

虚假的经济
1,325 millions of speakers

Translator English - Spanish

falsa economía
570 millions of speakers

English

false economy
510 millions of speakers

Translator English - Hindi

झूठी अर्थव्यवस्था
380 millions of speakers
ar

Translator English - Arabic

اقتصاد زائف
280 millions of speakers

Translator English - Russian

ложная экономия
278 millions of speakers

Translator English - Portuguese

falsa economia
270 millions of speakers

Translator English - Bengali

মিথ্যা অর্থনীতি
260 millions of speakers

Translator English - French

fausse économie
220 millions of speakers

Translator English - Malay

Ekonomi palsu
190 millions of speakers

Translator English - German

falsche Wirtschaft
180 millions of speakers

Translator English - Japanese

不経済
130 millions of speakers

Translator English - Korean

거짓 경제
85 millions of speakers

Translator English - Javanese

Ekonomi palsu
85 millions of speakers
vi

Translator English - Vietnamese

nền kinh tế sai
80 millions of speakers

Translator English - Tamil

தவறான பொருளாதாரம்
75 millions of speakers

Translator English - Marathi

खोटे अर्थव्यवस्था
75 millions of speakers

Translator English - Turkish

Sahte ekonomi
70 millions of speakers

Translator English - Italian

falsa economia
65 millions of speakers

Translator English - Polish

fałszywe gospodarki
50 millions of speakers

Translator English - Ukrainian

помилкова економія
40 millions of speakers

Translator English - Romanian

falsă economie
30 millions of speakers
el

Translator English - Greek

ψεύτικη οικονομία
15 millions of speakers
af

Translator English - Afrikaans

vals ekonomie
14 millions of speakers
sv

Translator English - Swedish

falsk ekonomi
10 millions of speakers
no

Translator English - Norwegian

falsk økonomi
5 millions of speakers

Trends of use of false economy

TRENDS

TENDENCIES OF USE OF THE TERM «FALSE ECONOMY»

The term «false economy» is regularly used and occupies the 67.556 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
69
/100
The map shown above gives the frequency of use of the term «false economy» in the different countries.
Principal search tendencies and common uses of false economy
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «false economy».

FREQUENCY OF USE OF THE TERM «FALSE ECONOMY» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «false economy» during the past 500 years. Its implementation is based on analysing how often the term «false economy» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about false economy

EXAMPLES

10 ENGLISH BOOKS RELATING TO «FALSE ECONOMY»

Discover the use of false economy in the following bibliographical selection. Books relating to false economy and brief extracts from same to provide context of its use in English literature.
1
False Economy: A Surprising Economic History of the World
In False Economy, Alan Beattie weaves together the economic choices, political choices, economic history, and human stories, that determine whether governments and countries remain rich or poor.
Alan Beattie, 2009
2
A False Economy: Investigations Into how People are ...
In 2010 the Planning Inspectorate were required to reduce their spending by 35 per cent by 2014-15.
Great Britain: Parliamentary and Health Service Ombudsman, 2012
3
The Spatula
False economy is that which uses poor goods or bad goods that happen to be on hand, regardless of their effect upon the trade. False economy is that which fails to give a customer that which is his due. There are many examples of both true ...
Irving P. Fox, 1910
4
The Standard Domestic Science Cook Book
There is a true economy and a false economy. Domestic Science enables the housekeeper to distinguish the true from the false. Warmth, Light and Clothing. — True economy provides a sufficiency of warmth, clothing, and light, knowing that ...
‎1908
5
Beyond the Theory of Constraints: How to Eliminate Variation ...
forms of false economy. It is useful to break these down into typical cause- and- effect diagram categories as follows: • False economy of cheap equipment ( machines); this includes buying cheap but non-capable instruments ( measurements) ...
William A. Levinson, 2007
6
Union Postal Clerk
OVERTHROWS. OBSERVATIONS BY ANOB SERVER. FALSE ECONOMY'S HARVEST. Emerson did not refer to a false and destructive economy when with poetic fervor he eloquently said that "a creative economy is the fuel of magnificence.
7
Locomotive Engineers Journal
>L FALSE ECONOMY. Every one should be economical and prudent, and in these days, it is highly necessary, yet there is such a thing as false economy A lady has a dress to make, and thinking to save a little money, undertook to do the work ...
8
False Economy: Australia in the Twentieth Century
Life along Kedron Brook, the natural life, the autonomous life of nature, was vulnerable, just as Nancy's life and that of her family and of her State and of her country were vulnerable.
William J. Lines, 1998
9
Manual of Household Work and Management
REPAIRS. True economy keeps everything in the house in a state of careful repair ; false economy saves this small outlay, but ultimately is put to the greater expense of either buying new goods or paying for more costly and extensive repairs.
Annie Butterworth, 1913
10
The Working Farmer and United States Journal
New York Lost Labor-"False Economy. HE cost of agricultural products is embraced in 4 1st. The Cost of Preparing the Soil. 2d. The cost of Seed. 3d. The cost of Manure and its ap' plication. 4th. The cost of Cultivation of Crops. 5th. The cost of ...

10 NEWS ITEMS WHICH INCLUDE THE TERM «FALSE ECONOMY»

Find out what the national and international press are talking about and how the term false economy is used in the context of the following news items.
1
Councils and unions push for new Welsh funding deal
'Cuts to council budgets mean less money for services to support vulnerable people, which is a false economy.' Budgets, Job cuts, Council staff ... «LocalGov, Jul 15»
2
Richardson: Weatherill keeps faith, but can voters?
... paid for by the tax payer. a total false economy that's caught up with them and guess what they have forgotten the rest of the residents not on ... «InDaily, Jul 15»
3
AIRMIC criticises IPT hike
“Having an effective insurance programme is an important underpinning of any business strategy and cutting corners is a false economy,” she ... «Captive Insurance Times, Jul 15»
4
“It's not a question of why but why not”
In reality, however, it is a false economy dissuading inward investment, penalising companies in a number of perverse ways and discouraging ... «New Statesman, Jul 15»
5
Budget 2015: Thoughts from small businesses on the National …
It also seems a false economy to us to have our employees worrying about making ends meet over the sake of a few hundred pounds per ... «SmallBusiness.co.uk, Jul 15»
6
Half of SME bosses prefer 'DIY IT', study claims
"However, this can often be a false economy and could in fact be costing far more than they realise. Not only could their lack of knowledge ... «CRN - UK, Jul 15»
7
Call for grass cutting as verges blight town
I appreciate Devon County Council needs to save money where they can, but it seems a bit of a false economy. They are cutting visibility splays ... «Exmouth Journal, Jul 15»
8
Budget 2015: '£12bn cuts will hit North Staffordshire families hard …
But experts say the benefit changes are a 'false economy' which will result in added costs to other services, including the NHS. The reforms ... «Stoke Sentinel, Jul 15»
9
Councils warned cutting office costs is a 'false economy'
Bagust told LocalGov it would now be 'a false economy' for councils to 'cut budgets around facilities' because of 'longer-term ramifications that ... «LocalGov, Jul 15»
10
Prospect of strikes looms after public sector pay cap prompts fury …
... the health think-tank the Nuffield Trust said that holding down pay “indefinitely” would likely prove a “false economy” as private sector wages ... «The Independent, Jul 15»

REFERENCE
« EDUCALINGO. False economy [online]. Available <https://educalingo.com/en/dic-en/false-economy>. May 2024 ».
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