Definitions for economyɪˈkɒn ə mi

This page provides all possible meanings and translations of the word economy

Princeton's WordNetRate this definition:(4.80 / 20 votes)

  1. economy, economic system(noun)

    the system of production and distribution and consumption

  2. economy(noun)

    the efficient use of resources

    "economy of effort"

  3. economy, thriftiness(noun)

    frugality in the expenditure of money or resources

    "the Scots are famous for their economy"

  4. 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"

WiktionaryRate this definition:(5.00 / 2 votes)

  1. economy(Noun)

    Effective management of the resources of a community or system.

  2. economy(Noun)

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

  3. economy(Noun)

    Frugal use of resources.

  4. economy(Noun)

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

  5. economy(Noun)

    The method of divine government of the world.

  6. economy(Noun)

    Management of oneu2019s residency.

  7. economy(Adjective)

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

  8. 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 DictionaryRate this definition:(0.00 / 0 votes)

  1. 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

  2. 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

  3. 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

  4. 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

FreebaseRate this definition:(0.00 / 0 votes)

  1. Economy

    An economy consists of the economic system in a certain region, comprising the production, distribution or trade, and consumption of goods and services in that region or country. An economy is the total aggregate sum of all transactions of value between two agents, such as one individual to one other individual, or between groups of individual activity, such as in organizations to other organizations, and between one nation and another nation. Transactions only occur when both parties agree to the value, commonly expressed in some currency, or price. Then and only then is the sale of good or service acted on in the transaction. An economy represents the diverse activity of all agents engaged in the production of valuable goods and services for other agents in the economy. In the past, economic activity was theorized to be bounded by natural resources, labor, and capital. This view ignores the value of technology, and creativity, especially that which produces intellectual property.

The Nuttall EncyclopediaRate this definition:(0.00 / 0 votes)

  1. Economy

    "the right arrangement of things," and distinct from Frugality, which is "the careful and fitting use of things."

The Foolish Dictionary, by Gideon WurdzRate this definition:(0.00 / 0 votes)


    Denying ourselves a necessary to-day in order to buy a luxury to-morrow.

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'economy' in Spoken Corpus Frequency: #939

  2. Written Corpus Frequency

    Rank popularity for the word 'economy' in Written Corpus Frequency: #1547

  3. Nouns Frequency

    Rank popularity for the word 'economy' in Nouns Frequency: #360

Translations for economy

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