economy
the complex of activities related to the consumption, production, and trade of goods and services, as an ongoing functioning system: Further inflation would seriously endanger the national economy.
Usually the economy . the general state of these activities at a particular time and in a certain country, region, etc.: The economy is booming, blue-collar wages are up, and unemployment is the lowest it's been in decades.We have had a number of clients who lost their jobs due to the economy.
the dominant framework, setting, or context for these activities: Economists predict a restoration of a market-driven capitalist economy in the country.More than 80 percent of the country's population is involved in agriculture, making it one of the most agrarian economies in the world.
thrifty management; frugality in the expenditure or consumption of money, materials, etc.: By careful economy and some small sacrifices, he paid all his debts.
an act or means of thrift; a saving: He achieved a small economy by walking to work instead of taking a bus.
the efficient, sparing, or concise use of something: When you're ill, practicing an economy of effort for everyday tasks is important.
the organization or regulation of the parts of a system: The medication disrupts the normal hormonal economy of the body.
Theology.
the divine plan for humanity, from creation through redemption to final beatitude.
the method of divine administration at a particular time or for a particular people.
Obsolete. the management of household affairs.
costing less to make, buy, or operate: With fuel prices so bad, I'm glad I have an economy car.
of or relating to economy class: The economy fare to San Francisco is only $20 cheaper.
intended to save money: They voted to reduce the staff in an economy move.
in economy-class accommodations, or by economy-class conveyance: These days I can only afford to travel economy.
Origin of economy
1Other words for economy
Opposites for economy
Other words from economy
- non·e·con·o·my, noun, plural non·e·con·o·mies.
- sub·e·con·o·my, noun, plural sub·e·con·o·mies.
- su·per·e·con·o·my, noun, plural su·per·e·con·o·mies.
Words Nearby economy
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use economy in a sentence
“I think whether it’s the economy or the coronavirus, former vice president Biden, he’s proven he wants to root against American prosperity for his own political gain,” Wenstrup said.
Trump contradicts CDC director on vaccine; Biden says Americans shouldn’t trust Trump | Colby Itkowitz, Felicia Sonmez, John Wagner | September 16, 2020 | Washington PostThe latest spot from the president's campaign hands the microphone to a woman, never named, who says confidently that Joe Biden could “never handle the economy after covid.”
Then we started to see a slow growth of travel in different areas of the economy.
Are you ready to start traveling for work again? TripActions’ CEO is banking on it | Michal Lev-Ram, writer | September 15, 2020 | FortuneWhen girls go to school, economies grow and public health improves.
Malala Yousafzai tells the business community: Education is the best way to guard against future crises | Michal Lev-Ram, writer | September 15, 2020 | FortuneIt’s a mistake that recalls the firm’s approach in January last year, when Fed Chairman Jay Powell signaled he’d do whatever it took to keep the economy growing.
The losses continue to pile up for hedge fund king Ray Dalio | Bernhard Warner | September 15, 2020 | Fortune
Unlike the Soviet Union at a certain period in history, the Russian economy does not hold a candle to that of the United States.
Nothing in it was meant to change the basic operations of the capitalist economy or to intervene aggressively in class relations.
Thank Congress, Not LBJ for Great Society | Julian Zelizer, Scott Porch | January 4, 2015 | THE DAILY BEASTThe economy has begun to add jobs, but the quality of those jobs is an increasing concern.
Sometimes a column has the economy and rhythm of a short story.
The rapid rise of the sharing economy is changing the way people around the world commute, shop, vacation, and borrow.
Why Do ‘Progressives’ Want to Ban Uber and AirBnB? | Adam Thierer, Christopher Koopman | December 30, 2014 | THE DAILY BEASTHe wrote on law, medical jurisprudence and political economy, and translated Justinian and Broussais.
The Every Day Book of History and Chronology | Joel MunsellI have been admonished and instructed by the systematic economy which is practiced even in great houses.
Glances at Europe | Horace Greeleyeconomy with the good old soul was a cardinal virtue, waste a deadly sin.
Fifty Years of Railway Life in England, Scotland and Ireland | Joseph TatlowHe published several volumes on political economy, and was much interested in statistics.
The Every Day Book of History and Chronology | Joel MunsellThe economy of heat in smelting furnaces and in the arated steam-engine were bold means to large results.
Life of Richard Trevithick, Volume II (of 2) | Francis Trevithick
British Dictionary definitions for economy
/ (ɪˈkɒnəmɪ) /
careful management of resources to avoid unnecessary expenditure or waste; thrift
a means or instance of this; saving
sparing, restrained, or efficient use, esp to achieve the maximum effect for the minimum effort: economy of language
the complex of human activities concerned with the production, distribution, and consumption of goods and services
a particular type or branch of such production, distribution, and consumption: a socialist economy; an agricultural economy
the management of the resources, finances, income, and expenditure of a community, business enterprise, etc
a class of travel in aircraft, providing less luxurious accommodation than first class at a lower fare
(as modifier): economy class
(modifier) offering or purporting to offer a larger quantity for a lower price: economy pack
the orderly interplay between the parts of a system or structure: the economy of nature
philosophy the principle that, of two competing theories, the one with less ontological presupposition is to be preferred
archaic the management of household affairs; domestic economy
Origin of economy
1Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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