Definitions for economyɪˈkɒn ə mi

Random House Webster's College Dictionary

e•con•o•myɪˈkɒn ə mi(n.; adj.)(pl.)-mies

(n.)thrifty management; frugality in the expenditure or consumption of money, materials, etc.
Category: Business
an act or means of thrifty saving:
Walking to work is one of my economies.
Category: Business
the management of the resources of a community, country, etc., esp. with a view to its productivity.
Category: Business
the prosperity or earnings of a place.
Category: Business
the disposition or regulation of the parts or functions of any organic whole; an organized system.
the efficient or sparing use of something:
economy of motion.
Category: Business
Ref: economy class.
(adj.)intended or designed to save money:
an economy car.
Category: Common Vocabulary

Origin of economy:

1520–30; (< MF economie) < L oeconomia < Gk oikonomíā household management =oîko(s) house +-nomia -nomy

Princeton's WordNet

economy, economic system(noun)
the system of production and distribution and consumption
economy(noun)
the efficient use of resources
"economy of effort"
economy, thriftiness(noun)
frugality in the expenditure of money or resources
"the Scots are famous for their economy"
economy, saving(noun)
an act of economizing; reduction in cost
"it was a small economy to walk to work every day"; "there was a saving of 50 cents"

Kernerman English Learner's Dictionary

economy(noun)ɪˈkɒn ə mi
the system of finance and commerce in a country
the U.S. economy; The world's economy is slowing down.
economyɪˈkɒn ə mi
≠ extravagance
Small economies can make a real difference.
economy(adjective)ɪˈkɒn ə mi
inexpensive
economy vacations
economyɪˈkɒn ə mi
(of product packages) holding large quantities, sold cheaply
Try our new economy size.

Wiktionary

economy(Noun)
Effective management of the resources of a community or system.
economy(Noun)
Collective focus of the study of money, currency and trade, and the efficient use of resources.
economy(Noun)
Frugal use of resources.
economy(Noun)
The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
economy(Noun)
The method of divine government of the world.
economy(Noun)
Management of oneu2019s residency.
economy(Adjective)
Cheap to run; using minimal resources; representing good value for money.

Origin: From oeconomia, from οἰκονομία, from οἶκος + νόμος (surface analysis ). 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.

Webster Dictionary

Economy(noun)
the management of domestic affairs; the regulation and government of household matters; especially as they concern expense or disbursement; as, a careful economy
Economy(noun)
orderly arrangement and management of the internal affairs of a state or of any establishment kept up by production and consumption; esp., such management as directly concerns wealth; as, political economy
Economy(noun)
the system of rules and regulations by which anything is managed; orderly system of regulating the distribution and uses of parts, conceived as the result of wise and economical adaptation in the author, whether human or divine; as, the animal or vegetable economy; the economy of a poem; the Jewish economy
Economy(noun)
thrifty and frugal housekeeping; management without loss or waste; frugality in expenditure; prudence and disposition to save; as, a housekeeper accustomed to economy but not to parsimony