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1. Dictionary

   E·con·o·my

   /ēˈkänəmē/

   

   noun

   • 1. the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services. Similar wealth(financial) resourcesfinancial systemfinancial statefinancial management
   • ▪ a particular system or stage of an economy: "a free-market economy"
   • 2. careful management of available resources: "even heat distribution and fuel economy" Similar thriftprovidenceprudencethriftinesscanninesscarefulnesscaregood managementgood husbandrycareful budgetingeconomizingsavingscrimping and savingscrimpingrestraintfrugalityfuel-savingabstemiousnessmeannesspenny-pinchingmiserlinessniggardlinessparsimonyforehandednessinformal:stinginessrare:sparingnessfrugalnessOpposite extravagance
   • ▪ sparing or careful use of something: "economy of words" Similar thriftprovidenceprudencethriftinesscanninesscarefulnesscaregood managementgood husbandrycareful budgetingeconomizingsavingscrimping and savingscrimpingrestraintfrugalityfuel-savingabstemiousnessmeannesspenny-pinchingmiserlinessniggardlinessparsimonyforehandednessinformal:stinginessrare:sparingnessfrugalnessOpposite extravagance
   • ▪ a financial saving: "there were many economies to be made by giving up our offices in Manhattan"
   • ▪ the cheapest class of air or rail travel: "we flew economy"

   adjective

   • 1. (of a product) offering the best value for the money: "an economy pack"
   • ▪ designed to be economical to use: "an economy car"

   Word Origin late 15th century (in the sense ‘management of material resources’): from French économie, or via Latin from Greek oikonomia ‘household management’, based on oikos ‘house’ + nemein ‘manage’. Current senses date from the 17th century.

   Scrabble Points: 14

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2. www.merriam-webster.com › dictionary › economyEconomy Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › economy

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   The meaning of ECONOMY is the structure or conditions of economic life in a country, area, or period; also : an economic system. How to use economy in a sentence.

3. www.investopedia.com › terms › eEconomy: What It Is, Types of Economies, Economic Indicators

   www.investopedia.com › terms › e

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   6 days ago · An economy is a complex system of interrelated production, consumption, and exchange activities that ultimately determines how resources are allocated among...

4. dictionary.cambridge.org › dictionary › englishECONOMY | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   ECONOMY definition: 1. the system of trade and industry by which the wealth of a country is made and used: 2. the…. Learn more.

5. www.dictionary.com › browse › economyECONOMY Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › economy

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   Economy definition: the complex of activities related to the consumption, production, and trade of goods and services, as an ongoing functioning system. See examples of ECONOMY used in a sentence.

6. en.wikipedia.org › wiki › EconomyEconomy - Wikipedia

   en.wikipedia.org › wiki › Economy

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   v. t. e. An economy [a] is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. [3] A given economy is a set of processes ...

7. dictionary.cambridge.org › english › economyECONOMY | definition in the Cambridge English Dictionary

   dictionary.cambridge.org › english › economy

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   ECONOMY meaning: 1. the system of trade and industry by which the wealth of a country is made and used: 2. the…. Learn more.

8. www.britannica.com › dictionary › economyEconomy Definition & Meaning | Britannica Dictionary

   www.britannica.com › dictionary › economy

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   ECONOMY meaning: 1 : the process or system by which goods and services are produced, sold, and bought in a country or region; 2 : careful use of money, resources, etc.