Economy definitions

ĭ-kŏn'ə-mē
Economical or inexpensive to buy or use.

An economy car; an economy motel.

adjective
53
1
An orderly, functional arrangement of parts; an organized system.
noun
50
3
Efficient, sparing, or conservative use.

Wrote with an economy of language.

noun
47
1
The least expensive class of accommodations, especially on a commercial conveyance, such as an airplane.
noun
44
1
The method of God's government of and activity within the world.
noun
41
1
Costing less than the standard or traditional kind.

An economy car, an economy flight.

adjective
38
1
Providing more of a product at a lower unit price.

An economy package.

adjective
35
1
The management of the income, expenditures, etc. of a household, business, community, or government.
noun
32
0
An orderly management or arrangement of parts; organization or system.

The economy of the human body.

noun
30
0
The definition of economy is inexpensive.

An example of economy is a low priced car that gets excellent mileage on a gallon of gas.

adjective
16
0
Economy is defined as the management of financial matters for a community, business or family.

An example of economy is the stock market system in the United States.

noun
13
0
Effective management of the resources of a community or system.
noun
6
0
Frugal use of resources.
noun
4
0
Cheap to run; using minimal resources; representing good value for money.

"He bought an economy car."

"Economy size".

adjective
4
0
Collective focus of the study of money, currency and trade, and the efficient use of resources.
noun
1
0
The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
noun
1
0
Careful, thrifty management of resources, such as money, materials, or labor.

Learned to practice economy in making out the household budget.

noun
0
0
An example or result of such management; a saving.
noun
0
0
The system or range of economic activity in a country, region, or community.

Effects of inflation were felt at every level of the economy.

noun
0
0
A specific type of economic system.

An industrial economy; a planned economy.

noun
0
0
Careful management of wealth, resources, etc.; avoidance of waste by careful planning and use; thrift or thrifty use.
noun
0
0
Restrained or efficient use of one's materials, technique, etc., esp. by an artist.
noun
0
0
An instance of such management or use, or a way of economizing.
noun
0
0
A system of producing, distributing, and consuming wealth.
noun
0
0
The condition of such a system.

A healthy economy.

noun
0
0
(theology) The method of divine government of the world.
noun
0
0
(archaic) Management of one’s residency.
noun
0
0

Origin of economy

From Latin oeconomia, from Ancient Greek οἰκονομία (oikonomia, “management of a household, administration”), from οἶκος (oikos, “house”) + νόμος (nomos, “law”) (surface analysis eco- +‎ -nomy). The first recorded sense of the word economy, found in a work possibly composed in 1440, is “the management of economic affairs”, in this case, of a monastery.