Old English husbonda "male head of a household, master of a house, householder," probably from Old Norse husbondi "master of the house," literally "house-dweller," from hus "house" (see house (n.)) + bondi "householder, dweller, freeholder, peasant," from buandi, present participle of bua "to dwell" (from PIE root *bheue- "to be, exist, grow," and compare bond (adj.)). Beginning late 13c. it replaced Old English wer as "married man (in relation to his wife)" and became the companion word of wife, a sad loss for English poetry. Slang shortening hubby first attested 1680s.
"manage thriftily," early 15c., from husband (n.) in an obsolete sense of "steward" (mid-15c.). Related: Husbanded; husbanding.