to save; to economize; to be frugal; to omit; to delete; to leave out;
Phonosemantic compound. 目 represents the meaning and 生 represents the sound. Based on the original meaning "eye disease", now written as 眚. The current meaning is a phonetic loan.
《說文》：“省，視也。从眉省，从屮。，古文从少，从囧。”
eye disease