Definition of "economy " []

  • Careful management of resources to avoid unnecessary expenditure or waste; thrift (noun)
  • A means or instance of this; saving (noun)
  • Sparing, restrained, or efficient use, esp to achieve the maximum effect for the minimum effort (noun)
  • The complex of human activities concerned with the production, distribution, and consumption of goods and services (noun)
  • A particular type or branch of such production, distribution, and consumption (noun)
  • The management of the resources, finances, income, and expenditure of a community, business enterprise, etc (noun)
  • A class of travel in aircraft, providing less luxurious accommodation than first class at a lower fare (noun)
  • (as modifier) (noun)
  • Offering or purporting to offer a larger quantity for a lower price (noun)
  • The orderly interplay between the parts of a system or structure (noun)
  • The principle that, of two competing theories, the one with less ontological presupposition is to be preferred (noun)
  • The management of household affairs; domestic economy (noun) (c) HarperCollins Publishers Ltd 2016