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economy

e·con·o·my
E e

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [ih-kon-uh-mee]
    • /ɪˈkɒn ə mi/
    • /ɪˈkɒnəmi/
    • US Pronunciation
    • US IPA
    • [ih-kon-uh-mee]
    • /ɪˈkɒn ə mi/

Definitions of economy word

  • noun plural economy thrifty management; frugality in the expenditure or consumption of money, materials, etc. 1
  • noun plural economy an act or means of thrifty saving; a saving: He achieved a small economy by walking to work instead of taking a bus. 1
  • noun plural economy the management of the resources of a community, country, etc., especially with a view to its productivity. 1
  • noun plural economy the prosperity or earnings of a place: Further inflation would endanger the national economy seriously. 1
  • noun plural economy the disposition or regulation of the parts or functions of any organic whole; an organized system or method. 1
  • noun plural economy the efficient, sparing, or concise use of something: an economy of effort; an economy of movement. 1

Information block about the term

Origin of economy

First appearance:

before 1520
One of the 28% oldest English words
1520-30; (< Middle French economie) < Latin oeconomia < Greek oikonomíā household management, equivalent to oîko(s) house + -nomia -nomy

Historical Comparancy

Parts of speech for Economy

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

economy popularity

A common word. It’s meaning is known to most children of preschool age. About 97% of English native speakers know the meaning and use the word.
Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

economy usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for economy

noun economy

  • recession — a return of ownership to a former possessor.
  • layoff — the act of dismissing employees, especially temporarily.
  • decrease — When something decreases or when you decrease it, it becomes less in quantity, size, or intensity.
  • parsimony — extreme or excessive economy or frugality; stinginess; niggardliness.
  • meanness — the state or quality of being mean.

adjective economy

  • cheap — Goods or services that are cheap cost less money than usual or than you expected.
  • budget — Your budget is the amount of money that you have available to spend. The budget for something is the amount of money that a person, organization, or country has available to spend on it.
  • reduced — that is or has been reduced.
  • family — the children of one person or one couple collectively: We want a large family.
  • low-cost — able to be purchased or acquired at relatively little cost: low-cost life insurance; low-cost housing.

Antonyms for economy

noun economy

  • increase — to make greater, as in number, size, strength, or quality; augment; add to: to increase taxes.
  • raise — to move to a higher position; lift up; elevate: to raise one's hand; sleepy birds raising their heads and looking about.
  • carelessness — not paying enough attention to what one does: a careless typist.
  • indiscretion — lack of discretion; imprudence.
  • thoughtlessness — lacking in consideration for others; inconsiderate; tactless: a thoughtless remark.

Top questions with economy

  • what is economy?
  • what does economy mean?
  • what is a mixed economy?
  • what is a command economy?
  • what is a market economy?
  • what is command economy?
  • what is an economy?
  • what type of economy does the united states have?
  • what is a traditional economy?
  • what is market economy?
  • what kind of economy does the united states have?
  • what is economy shipping?
  • what is premium economy?
  • how does a command economy work?
  • what is mixed economy?

See also

Matching words

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