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From Biology-Online Dictionary
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1. A thriving state; good husbandry; economical management in regard to property; frugality. The rest, . . . Willing to fall to thrift, prove very good husbands. (Spenser)

2. Success and advance in the acquisition of property; increase of worldly goods; gain; prosperity. Your thrift is gone full clean. I have a mind presages me such thrift. (Shak)

3. Vigorous growth, as of a plant.

4. (Science: botany) One of several species of flowering plants of the genera Statice and Armeria.

(Science: botany) Common thrift, Armeria vulgaris; also called sea pink.

Synonym: Frugality, economy, prosperity, gain, profit.

Origin: Icel. Rift. See Thrive.