economy

noun

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

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

Effective management of a community or system, or especially its resources.

Frugal use of resources.

(US) The part of a commercial passenger airplane or train reserved for those paying the lower standard fares; economy class.

(theology) The method of divine government of the world. (See Economy (religion) on Wikipedia.Wikipedia.)

(obsolete) System of management; general regulation and disposition of the affairs of a state or nation, or of any department of government.

(obsolete) A system of rules, regulations, rites and ceremonies.

(obsolete) The disposition or arrangement of any work.

(obsolete) The regular operation of nature in the generation, nutrition and preservation of animals or plants.

(archaic) Management of one’s residency.

adjective

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

adverb

(US) In or via the part of a commercial passenger airplane reserved for those paying the lower standard fares.

Roots

oikoseco- · Greek · house, household nomos-nom · Greek · law, management

Synonyms for economy

economicadj thriftinessn frugalityn savingn stintingadj

Synonyms & related words for economy

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Words related to economy

Explore words related to economy — words associated with it, words that go with it, and its nearest matches in meaning. Related words include antimonopolistic, economism, economization, macroeconomic, noninflationary, macroeconomist, recession, inflationism. Click any word to make it the center of the map and keep exploring the web of connections.

Synonyms for economy

Common synonyms for economy include economic, thriftiness, frugality, saving, stinting — words that share a close meaning. Hover or tap any word on the map for its definition and part of speech.

Where does economy come from?

The word economy breaks down into 2 roots of Greek origin: eco-, from Greek oikos (“house, household”); and -nom, from Greek nomos (“law, management”). Explore each root to see other English words built from the same source.