false economy

noun

: something that costs less at first but results in more money being spent later
Using cheap materials proved to be a false economy.

Examples of false economy in a Sentence

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Ensure that your plan takes advantage of falling costs, but bear in mind that waiting too long could be a false economy that will cost you in unexpected ways. Michael Abbott, Forbes, 3 Sep. 2024

Dictionary Entries Near false economy

Cite this Entry

“False economy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/false%20economy. Accessed 28 Nov. 2024.

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