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What does economizes mean?

Looking for the meaning or definition of the word economizes? Here's what it means.

Verb
  1. Third-person singular simple present indicative form of economize
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Seen in this way, continues Montoro, the family is an institution which economizes quite a lot of means, which does a lot and at the same time, with few resources.
They are the least expensive form of masonry using cheap but strong material and their large size economizes on the labour required to lay them.
It economizes the gas, which is in every respect a good economy.
Further, since participants' settlement obligations to the system are calculated on a multilateral net basis, CLS also economizes on settlement funding.
This not only improves the quality of illustrations, but also economizes your time and expenses on expendable materials.
Going through each binder in order economizes time and physical effort.

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