I. noun (plural -mies) Etymology: Middle French yconomie, from Medieval Latin oeconomia, from Greek oikonomia, from oikonomos household manager, from oikos house + nemein to manage — more at vicinity, nimble Date: 15th century 1. archaic the management of household or private affairs and especially expenses 2. a. thrifty and efficient use of material resources ; frugality in expenditures; also an instance or a means of economizing ; saving b. efficient and concise use of nonmaterial resources (as effort, language, or motion) 3. a. the arrangement or mode of operation of something ; organization b. a system especially of interaction and exchange <
an economy of information
4. the structure or conditions of economic life in a country, area, or period; also an economic system II. adjective Date: circa 1906 designed to save money <
economy cars

New Collegiate Dictionary. 2001.


Look at other dictionaries:

  • economy — e*con o*my ([ e]*k[o^]n [ o]*m[y^]), n.; pl. {Economies} ([ e]*k[o^]n [ o]*m[i^]z). [F. [ e]conomie, L. oeconomia household management, fr. Gr. o ikonomi a, fr. o ikono mos one managing a household; o i^kos house (akin to L. vicus village, E.… …   The Collaborative International Dictionary of English

  • Economy — Economy, IN U.S. town in Indiana Population (2000): 200 Housing Units (2000): 79 Land area (2000): 0.096963 sq. miles (0.251134 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 0.096963 sq. miles (0.251134 sq.… …   StarDict's U.S. Gazetteer Places

  • economy — [i kän′ə mē, ēkän′ə mē] n. pl. economies [L oeconomia < Gr oikonomia, management of a household or state, public revenue < oikonomos, manager < oikos, house (see ECO ) + nomia, NOMY] 1. the management of the income, expenditures, etc. of …   English World dictionary

  • economy — ► NOUN (pl. economies) 1) the state of a country or region in terms of the production and consumption of goods and services and the supply of money. 2) careful management of available resources. 3) a financial saving. 4) (also economy class) the… …   English terms dictionary

  • Econŏmy — Econŏmy, 1) Städtischer Bezirk mit Postamt (Post township in der Grafschaft Beaverim Staate Pennsylvanien (Nordamerika) am Ohio River; 1500 Ew.; 2) Postort darin, am Ohio Pennsylvania Eisenbahn. Deutsche Ansiedelung (ursprünglich Harmonie genannt …   Pierer's Universal-Lexikon

  • Economy — (spr. ikónnomi), Ort in Pennsylvanien, Grafschaft Beaver, am Ohio, 1825 von Georg Rapp (s. d.) nach den Grundsätzen der Gütergemeinschaft und Ehelosigkeit gegründet, mit (1900) 1062 Einw …   Meyers Großes Konversations-Lexikon

  • economy — I (economic system) noun administration, administration of economics, administration of resources, economic science, management, management of resources, regulation of finances, system of distributing wealth, wealth II (frugality) noun avoidance… …   Law dictionary

  • economy — *system, scheme, network, complex, organism Analogous words: organization, institution, establishment, foundation (see corresponding verbs at FOUND) …   New Dictionary of Synonyms

  • economy — [n] saving, frugality abridgement, austerity, care, carefulness, caution, curtailment, cutback, decrease, deduction, direction, discretion, husbandry, layoff, meanness, miserliness, moratorium, niggardliness, parcity, parsimony, providence,… …   New thesaurus

  • economy — ▪ I. economy e‧con‧o‧my 1 [ɪˈkɒnəmi ǁ ɪˈkɑː ] noun economies PLURALFORM 1. [countable] ECONOMICS the system by which a country s goods and services are produced and used, or a country considered in this way: • the transformation from a centrally… …   Financial and business terms

  • Economy — For other uses, see Economy (disambiguation). Economics …   Wikipedia

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