economy

IPA: ɪkˈɑnʌmi

Effective management of a community or system, or especially its resources.
(obsolete) The regular operation of nature in the generation, nutrition and preservation of animals or plants.
(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.
The study of money, currency and trade, and the efficient use of resources.
Frugal use of resources.
The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
(theology) The method of divine government of the world. (See w:Economy (religion).)
(US) The part of a commercial passenger airplane or train reserved for those paying the lower standard fares; economy class.
(archaic) Management of one’s residency.

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

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

Examples of "economy" in Sentences

"The term economy comes from the Greek word, `home.'"
Adam Smith or David Ricardo rarely used the term "economy" alone.
The decline in "economy" is especially troubling, from 3rd in 2003 to 12th this year.
The uncertain economy is making employers increasingly picky, economists and job seekers report.
They are addressed to a nomadic tribe whose main economy is primitive agriculture and whose wealth is sometimes counted in people as well as animals.
The only closed economy is the world economy, and if a U.S. default drives a rethink of all investment in government debt around the world, the closed economy will thrive as limited capital flows to the enterprising instead of the profligate.
Balance sheets are your gurus. lisagreen As turnaround continues, June chip sales point to tech economy recovery cheekygeeky Between 'Liars Poker' (1989) and 'Fiasco' (1997), anyone who didn't see this derivatives bubble bursting wasn't looking very hard. #economy ptiperson "In this world, with an economy that for most families requires two working adults, students recognize ...