thrift
nounDefinition of thrift
1
: careful management especially of money
2
: a savings bank or savings and loan association
— called also thrift institution
3
: healthy and vigorous growth
4
chiefly Scotland
: gainful occupation
5
: any of a genus (Armeria) of low-growing perennial evergreen herbs of the plumbago family
especially
: a tufted herb (A. maritima) with pink or white flower heads
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