economy
Forms
- Plural
- economies
Definitions
1.The study of money, currency and trade, and the efficient use of resources.
2.Frugal use of resources.
- Every possible economy was carefully investigated and unnecessary expense, however small, eliminated. The company had no money to spare on "frills."
3.The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
4.The method of divine government of the world. (See Economy (religion) on Wikipedia.Wikipedia .)
- The economy of God is in Jesus Christ alone.
1.Cheap to run; using minimal resources; representing good value for money; economical.
- He bought an economy car.
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.
Frequency
Overall
Common· #693
By learning goal
- Everyday conversation
- Uncommon
- General reading & writing
- Common
- Academic
- Uncommon
- Literature
- Rare
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”).