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- nouneconomy (noun) · economies (plural noun) · economy class (noun) · economy class (plural noun)
- the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.Similar:(financial) resourcesfinancial systemfinancial statefinancial management
- a particular system or stage of an economy:"a free-market economy" · "the less-developed economies"
- careful management of available resources:"even heat distribution and fuel economy"Similar:good managementgood husbandrycareful budgetingscrimping and savingfuel-savingforehandednessOpposite:
- sparing or careful use of something:"economy of words"Similar:good managementgood husbandrycareful budgetingscrimping and savingfuel-savingforehandednessOpposite:
- (economies)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- (of a product) offering the best value for the money:"an economy pack"
- designed to be economical to use:"an economy car"
Originlate 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. - People also ask
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