1. Extreme care in spending money; reluctance to spend money unnecessarily
   "His thrift habits meant he never indulged in luxury items";
   - parsimony, parsimoniousness, penny-pinching
    
2. [US] A depository financial institution intended to encourage personal savings and home buying
   "The local thrift institution offered competitive rates on savings accounts and mortgages";
   - thrift institution [US]
    
3. Any of numerous sun-loving low-growing evergreens of the genus Armeria having round heads of pink or white flowers
   "Sea thrift thrives in coastal areas and rock gardens"

Derived forms: thrifts

Type of: bank, banking company, banking concern, depository financial institution, frugality, frugalness, subshrub, suffrutex

Part of: Armeria, genus Armeria

Encyclopedia: Thrift, William