Economy meaning

ĭ-kŏnə-mē
Frequency:
(theology) The method of God's government of and activity within the world.
noun
24
24
Providing more of a product at a lower unit price.

An economy package.

adjective
14
20
An orderly, functional arrangement of parts; an organized system.
noun
9
5
An orderly management or arrangement of parts; organization or system.

The economy of the human body.

noun
9
5
The management of the income, expenditures, etc. of a household, business, community, or government.
noun
7
8
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Efficient, sparing, or conservative use.

Wrote with an economy of language.

noun
5
7
Economical or inexpensive to buy or use.

An economy car; an economy motel.

adjective
5
7
Costing less than the standard or traditional kind.

An economy car, an economy flight.

adjective
4
8
The least expensive class of accommodations, especially on a commercial conveyance, such as an airplane.
noun
3
10
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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
0
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
0
0
Effective management of the resources of a community or system.
noun
0
0
Collective focus of the study of money, currency and trade, and the efficient use of resources.
noun
0
0
Frugal use of resources.
noun
0
0
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The system of production and distribution and consumption. The overall measure of a currency system; as the national 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
Cheap to run; using minimal resources; representing good value for money.

"He bought an economy car."

"Economy size".

adjective
0
0

Other Word Forms

Noun

Singular:
economy
Plural:
economies

Origin of economy

  • Middle English yconomye management of a household from Latin oeconomia from Greek oikonomiā from oikonomos manager of a household oikos house weik-1 in Indo-European roots nemein to allot, manage nem- in Indo-European roots

    From American Heritage Dictionary of the English Language, 5th Edition

  • 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.

    From Wiktionary