economy
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e·con·o·my
(ĭ-kŏn′ə-mē)n. pl. e·con·o·mies
1.
a. Careful, thrifty management of resources, such as money, materials, or labor: learned to practice economy in making out the household budget.
b. An example or result of such management; a saving.
2.
a. The system or range of economic activity in a country, region, or community: Effects of inflation were felt at every level of the economy.
b. A specific type of economic system: an industrial economy; a planned economy.
3. An orderly, functional arrangement of parts; an organized system: "the sense that there is a moral economy in the world, that good is rewarded and evil is punished" (George F. Will).
4. Efficient, sparing, or conservative use: wrote with an economy of language.
5. The least expensive class of accommodations, especially on a commercial conveyance, such as an airplane.
6. Theology The method of God's government of and activity within the world.
adj.
Economical or inexpensive to buy or use: an economy car; an economy motel.
[Middle English yconomye, management of a household, from Latin oeconomia, from Greek oikonomiā, from oikonomos, manager of a household : oikos, house; see weik- in Indo-European roots + nemein, to allot, manage; see nem- in Indo-European roots.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
economy
(ɪˈkɒnəmɪ)n, pl -mies
1. careful management of resources to avoid unnecessary expenditure or waste; thrift
2. a means or instance of this; saving
3. sparing, restrained, or efficient use, esp to achieve the maximum effect for the minimum effort: economy of language.
4. (Economics)
a. the complex of human activities concerned with the production, distribution, and consumption of goods and services
b. a particular type or branch of such production, distribution, and consumption: a socialist economy; an agricultural economy.
5. (Economics) the management of the resources, finances, income, and expenditure of a community, business enterprise, etc
6. (Aeronautics)
a. a class of travel in aircraft, providing less luxurious accommodation than first class at a lower fare
b. (as modifier): economy class.
7. (modifier) offering or purporting to offer a larger quantity for a lower price: economy pack.
8. the orderly interplay between the parts of a system or structure: the economy of nature.
9. (Philosophy) philosophy the principle that, of two competing theories, the one with less ontological presupposition is to be preferred
10. archaic the management of household affairs; domestic economy
[C16: via Latin from Greek oikonomia domestic management, from oikos house + -nomia, from nemein to manage]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
e•con•o•my
(ɪˈkɒn ə mi)n., pl. -mies,
adj. n.
1. thrifty management; frugality in the expenditure or consumption of money, materials, etc.
2. an act or means of thrifty saving: Walking to work is one of my economies.
3. the management of the resources of a community, country, etc., esp. with a view to its productivity.
4. the prosperity or earnings of a place.
5. the disposition or regulation of the parts or functions of any organic whole; an organized system.
6. the efficient or sparing use of something: economy of motion.
adj. 8. intended or designed to save money: an economy car.
[1520–30; (< Middle French economie) < Latin oeconomia < Greek oikonomíā household management =oîko(s) house + -nomia -nomy]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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Noun | 1. | ![]() sector - a social group that forms part of the society or the economy; "the public sector" black economy - a hidden sector of the economy where private cash transactions go unreported; "no one knows how large the black economy really is" industrialism - an economic system built on large industries rather than on agriculture or craftsmanship free enterprise, laissez-faire economy, market economy, private enterprise - an economy that relies chiefly on market forces to allocate goods and resources and to determine prices mixed economy - an economic system that combines private and state enterprises non-market economy - an economy that is not a market economy state capitalism - an economic system that is primarily capitalistic but there is some degree of government ownership of the means of production state socialism - an economic system in which the government owns most means of production but some degree of private capitalism is allowed |
2. | economy - the efficient use of resources; "economy of effort" efficiency - skillfulness in avoiding wasted time and effort; "she did the work with great efficiency" | |
3. | economy - frugality in the expenditure of money or resources; "the Scots are famous for their economy" frugality, frugalness - prudence in avoiding waste | |
4. | ![]() action - something done (usually as opposed to something said); "there were stories of murders and other unnatural actions" downsizing, retrenchment, curtailment - the reduction of expenditures in order to become financially stable economy of scale - the saving in cost of production that is due to mass production |
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
economy
noun
1. financial system, financial state Africa's most industrialized economy
2. thrift, saving, restraint, prudence, providence, husbandry, retrenchment, frugality, parsimony, thriftiness, sparingness They have achieved quite remarkable effects with great economy of means.
Quotations
"Economy is going without something you do want in case you should, some day, want something you probably won't want" [Anthony Hope The Dolly Dialogues]
"Everybody is always in favour of general economy and particular expenditure" [Anthony Eden]
"Economy is going without something you do want in case you should, some day, want something you probably won't want" [Anthony Hope The Dolly Dialogues]
"Everybody is always in favour of general economy and particular expenditure" [Anthony Eden]
Proverbs
"Cut your coat according to your cloth"
"Cut your coat according to your cloth"
Collins Thesaurus of the English Language – Complete and Unabridged 2nd Edition. 2002 © HarperCollins Publishers 1995, 2002
economy
nounCareful use of material resources:
The American Heritage® Roget's Thesaurus. Copyright © 2013, 2014 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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Spanish / Español
economy
[ɪˈkɒnəmɪ]Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005
economy
(iˈkonəmi) noun1. the thrifty, careful management of money etc to avoid waste. Please use the water with economy; We must make economies in household spending.economía
economic (iːkəˈnomik) adjective1. of or concerned with (an) economy. the country's economic future.económico
2. likely to bring a profit. an economic rent.rentable
economical (iːkəˈnomikəl) adjectiveˌecoˈnomically adverbeconomics (iːkəˈnomiks) noun singular the study of production and distribution of money and goods. He is studying economics.economía
eˈconomist noun a person who is an expert in economics. economista
eˈconomize, eˈconomise verb to spend money or goods carefully. We must economize on fuel.economizar
Kernerman English Multilingual Dictionary © 2006-2013 K Dictionaries Ltd.
economy
→ economíaMultilingual Translator © HarperCollins Publishers 2009