economy
nounadjectiveadverbcommon in dialogue
- United Kingdom//ɪˈkɒ.nə.mi//
- United Kingdom//iːˈkɒ.nə.mi//
- United States//iˈkɑ.nə.mi//
- United States//ɪˈkɑ.nə.mi//
- United States//əˈkɑ.nə.mi//
The study of money, currency and trade, and the efficient use of resources.
noun
- 1
obsoleteEffective management of a community or system, or especially its resources. The regular operation of nature in the generation, nutrition and preservation of animals or plants.
animal economy, vegetable economy
- 2
obsoleteEffective management of a community or system, or especially its resources. System of management; general regulation and disposition of the affairs of a state or nation, or of any department of government.
- 3
obsoleteEffective management of a community or system, or especially its resources. A system of rules, regulations, rites and ceremonies.
the Jewish economy
- 4
obsoleteEffective management of a community or system, or especially its resources. The disposition or arrangement of any work.
the economy of a poem
The place pleased them so much that they spent all their spare time there, scratching and cutting their names on the top of every tower; and at last, having exhausted all other places, finished up with inscribing H.EAST, T.BROWN, on the minute-hand of the great clock; in the doing of which they held the minute-hand, and disturbed the clock's economy.
- 5
The study of money, currency and trade, and the efficient use of resources.
- 6
Frugal use of resources.
economy of word
April 5, 1729, Jonathan Swift, letter to St. John I have no other notion of economy than that it is the parent to liberty and ease.
Every possible economy was carefully investigated and unnecessary expense, however small, eliminated. The company had no money to spare on "frills."
- 7
The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
- 8
The method of divine government of the world. (See Economy (religion) on Wikipedia.Wikipedia .)
The economy of God is in Jesus Christ alone.
- 9
The part of a commercial passenger airplane or train reserved for those paying the lower standard fares; economy class.
- 10
archaicManagement of one’s residency.
Etymology
From Middle English yconomye, yconomy, borrowed via Old French [Term?] or Medieval Latin from Latin oeconomia, from Ancient Greek οἰκονομία (oikonomía, “management of a household, administration”), from οἶκος (oîkos, “house”) + νέμω (némō, “distribute, allocate”). By 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.
adjective
- 1
Cheap to run; using minimal resources; representing good value for money; economical.
He bought an economy car.
Economy size.
adverb
- 1
In or via the part of a commercial passenger airplane reserved for those paying the lower standard fares.
Numerous web sites have tips on how to fly economy.
Forms
- plural
- economies
economy · The study of money, currency and trade, and the efficient use of resources.
ecosystem · A system formed by an ecological community and its…ecstasy · Intense pleasure.ecstatic · Feeling or characterized by ecstasy.