economy

B1
Pronunciation
/iːˈkɒn.ə.mi/
/iːˈkɑn.ə.mi/
Noun
7 definition(s)
1 Definition

Effective management of a community or system, or especially its resources.

2 Definition

The study of money, currency and trade, and the efficient use of resources.

3 Definition

Frugal use of resources.

Example Sentences
  • economy of word
4 Definition

The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.

5 Definition

The method of divine government of the world. (See w:Economy (religion).)

6 Definition

The part of a commercial passenger airplane or train reserved for those paying the lower standard fares; economy class.

7 Definition

Management of one’s residency.

Adjective
1 definition(s)
1 Definition

Cheap to run; using minimal resources; representing good value for money.

Example Sentences
  • Economy size.