What Is Thrift? Definition And Usage Of This Term

WHAT IS THRIFT– In this topic, we are going to know and learn the definition of this term and how is this term used in sentences.

Definition

The Oxford Dictionary defines the term as the following:

the quality of using money and other resources carefully and not wastefully.
another term for savings and loan.
a European plant which forms low-growing tufts of slender leaves with rounded pink flower heads, growing chiefly on sea cliffs and mountains.

Meanwhile, the Merriam-Webster dictionary defines this term as the following:

careful management especially of money
a savings bank or savings and loan association
healthy and vigorous growth
gainful occupation
any of a genus (Armeria) of low-growing perennial evergreen herbs of the plumbago family
a tufted herb (A. maritima) with pink or white flower heads

Synonyms

Here are some of the following synonyms:

Etymology

It is a Middle English term, which is from the Old Norse term thrífa , which means ‘grasp, get hold of’

Examples

Here are some examples of the usage of this term:

In Poland also his thrift and businesslike qualities speedily remedied the abuses caused by the ‘wastefulness of his predecessor Alexander.
But he lacked business thrift, inherited a disposition to endorse for his friends, and was often unable to distinguish between deserving applicants for aid and adventurers.
Division, or partition, is usually resorted to in the case of tufted growing plants, chiefly perennial herbs; they may be evergreen, as chamomile or thrift, or when dormant may consist only of underground crowns, as larkspur or lily-of-thevalley; but in either case the old tufted plant being dug up may be divided into separate pieces, each furnished with roots, and, when replanted, generally starting on its own account without much check.
Despite the harsh land-laws and grinding taxation which prevent them, with all their industry and thrift, from securing the freehold of the patch of ground cultivated by each peasant family, the Asturians regard themselves as the aristocracy of Spain.