economy

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Contents

English [edit]

Alternative forms [edit]

Etymology [edit]

From Latin oeconomia, from Ancient Greek οἰκονομία (oikonomia, management of a household, administration), from οἶκος (oikos, house) + νόμος (nomos, law) (surface analysis eco- + -nomy). The first recorded sense of the word economy, found in a work possibly composed in 1440, is “the management of economic affairs”, in this case, of a monastery.

Pronunciation [edit]

  • (RP) IPA: /iːˈkɒn.ə.mi/, /ɪˈkɒn.ə.mi/, X-SAMPA: /i:"kQn.@.mi/, /I"kQn.@.mi/
  • (US) enPR: ĕ'kô'nô'mĕ
  • (file)

Noun [edit]

Wikipedia has an article on:

Wikipedia economy (plural economies)

  1. Effective management of the resources of a community or system.
  2. Collective focus of the study of money, currency and trade, and the efficient use of resources.
  3. Frugal use of resources.
  4. The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
  5. (theology) The method of divine government of the world.
  6. (archaic) Management of one’s residency.

Derived terms [edit]

Related terms [edit]

Translations [edit]

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Adjective [edit]

economy (not comparable)

  1. Cheap to run; using minimal resources; representing good value for money.
    "He bought an economy car."
    "Economy size".

Translations [edit]

Anagrams [edit]