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Economical vs Extravagance - What's the difference?

economical | extravagance |

As an adjective economical

is careful with money so as not to spend too much; prudent; thrifty.

As a noun extravagance is

excessive or superfluous expenditure of money.

economical

English

Alternative forms

* economicall (obsolete) * (archaic) * (obsolete)

Adjective

(en adjective)
  • Careful with money so as not to spend too much; prudent; thrifty.
  • Relating to economy in any other sense.
  • Usage notes

    Modern usage prefers economic' when describing the economy of a region or country (and when referring to personal or family budgeting).
    '
    Economical
    is preferred when referring to thrift or value for money.

    Derived terms

    * economically * economical with the truth

    See also

    * economic

    extravagance

    English

    Noun

    (en noun)
  • Excessive or superfluous expenditure of money.
  • Prodigality as in extravagance of anger, love, expression, imagination, or demands.
  • :They spared nothing in obtaining extravagances for each other. Everything was lavish and wildly in excess. They were in love!
  • *
  • *:A great bargain also had been the excellent Axminster carpet which covered the floor; as, again, the arm-chair in which Bunting now sat forward, staring into the dull, small fire. In fact, that arm-chair had been an extravagance of Mrs. Bunting. She had wanted her husband to be comfortable after the day's work was done, and she had paid thirty-seven shillings for the chair.
  • Synonyms

    * lavishness * profusion * wildness * irregularity * excess * prodigality * profusion * waste * unreasonableness * recklessness

    Antonyms

    * frugality * economize * moderation