economy
Definition from Wiktionary, the free dictionary
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[edit] English
[edit] Alternative forms
[edit] Etymology
From Latin oeconomia, from Ancient Greek οἰκονομία (oikonomia, “management of a household, administration”), from οἶκος (oikos, “house”) + νόμος (nomos, “law”). 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.
[edit] Pronunciation
- (RP) IPA: /iːˈkɒn.ə.mi/, /ɪˈkɒn.ə.mi/, SAMPA: /i:"kQn.@.mi/, /I"kQn.@.mi/
- (US) enPR: ĕ'kô'nô'mĕ
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Audio (US) (file)
[edit] Noun
Wikipedia economy (plural economies)
- Effective management of the resources of a community or system.
- Collective focus of the study of money, currency and trade, and the efficient use of resources.
- Frugal use of resources.
- The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
- (theology) The method of divine government of the world.
- (archaic) Management of one’s residency.
[edit] Derived terms
Terms derived from economy
[edit] Related terms
Terms etymologically related to economy
[edit] Translations
effective management of the resources of a community or system
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frugal use of resources
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production and distribution and consumption
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Translations to be checked
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[edit] Adjective
economy (not comparable)
- Cheap to run; using minimal resources; representing good value for money.
- "He bought an economy car."
- "Economy size".
