economy
noun
- system of agents and processes of the production, distribution or trade, and consumption of limited goods and services by agents
Wiktionary
Pronunciation: /ɪˈkɒ.nə.mi/ / /iːˈkɒ.nə.mi/ / /iˈkɑ.nə.mi/
adj
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.
- Cheap to run; using minimal resources; representing good value for money; economical.
“He bought an economy car.”
“Economy size.”
adv
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.
- 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.”
noun
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.
- Effective management of a community or system, or especially its resources.
“animal economy, vegetable economy”
- Effective management of a community or system, or especially its resources.
- Effective management of a community or system, or especially its resources.
“the Jewish economy”
- Effective management of a community or system, or especially its resources.
“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.”
- The study of money, currency and trade, and the efficient use of resources.
- 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.”
- The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
“An economy open to free movement of capital can keep a fixed exchange rate, for example, only by subjugating monetary-policy goals to its defence—by raising interest rates sharply, say, when capital outflows put downward pressure on the currency. Yet the trilemma also implies that an economy can enjoy both free capital flows and an independent monetary policy, so long as it gives up worrying about its exchange rate. […] As advanced economies opened their monetary spigots to boost ailing economies, emerging-market complaints grew louder.”
- The method of divine government of the world. (See Economy (religion) on Wikipedia.Wikipedia .)
“The economy of God is in Jesus Christ alone.”
- The part of a commercial passenger airplane or train reserved for those paying the lower standard fares; economy class.
- Management of one’s residency.