Retrench (verb) = To change the way things are done in order to spend less amount of money
Recession (noun) = a period of time in which there's a decrease in economic activity and many people do not have jobs
Because the economy is experiencing recession, my family is forced to retrench.
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Profligate (adj) = carelessly and foolishly wasting money; very wasteful
Parsimonious (adj) = very unwilling to spend money
Some people think that I am profligate, when in fact, I am parsimonious.
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Impecunious (adj) = having little or no money
Squander (verb) = use something in a wasteful way
The lottery winner would go back to his being impecunious again, if he kept squandering his prize.
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Patrimony (noun) = property that you receive from your father when he dies
Concordance (noun) = a state in which things agree and do not conflict each other
In concordance to their father's wish, the patrimony was divided to the three of them equally.
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Gratis (adj) or (adv) = free; for free
Is the food here gratis?
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Pilfer (verb) = to steal something that are not very valuable or to steal a small amount of something
She was caught by her boss pilfering office supplies.
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Pecuniary (adj) = relating to or in the form of money
She transferred to the other company because of pecuniary reasons.
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Filch (verb) = to pilfer
He filched a pack of gum when no one was looking.
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