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economy

noun
/ɪˈkɒ.nə.mi/UK/iˈkɑ.nə.mi/US/ɪˈkɒn.ə.mi/CA/ɛko.nɔmi/

Etymology

From Middle English yconomye, yconomy, borrowed via Old French [Term?] or Medieval Latin from Latin oeconomia, from Ancient Greek οἰκονομία (oikonomía, “management of a household, administration”), from οἶκος (oîkos, “house”) + νέμω (némō, “distribute, allocate”). By 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.

  1. derived from οἰκονομία
  2. derived from oeconomia
  3. inherited from yconomye

Definitions

  1. Effective management of a community or system, or especially its resources.

    • animal economy, vegetable economy

  2. The study of money, currency and trade, and the efficient use of resources.

  3. Frugal use of resources.

    • economy of word
    • April 5, 1729, Jonathan Swift, letter to St. John I have no other notion of economy than that it is the parent to liberty and ease.
    • Every possible economy was carefully investigated and unnecessary expense, however small, eliminated. The company had no money to spare on "frills."
  4. ›+ 6 more definitions

    1. The system of production and distribution and consumption. The overall measure of a…

      The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.

    2. The method of divine government of the world. (See Economy (religion) on…

      The method of divine government of the world. (See Economy (religion) on Wikipedia.Wikipedia .)

      • The economy of God is in Jesus Christ alone.

    3. The part of a commercial passenger airplane or train reserved for those paying the lower…

      The part of a commercial passenger airplane or train reserved for those paying the lower standard fares; economy class.

    4. Management of one’s residency.

    5. Cheap to run

      Cheap to run; using minimal resources; representing good value for money; economical.

      • He bought an economy car.
      • Economy size.

    6. In or via the part of a commercial passenger airplane reserved for those paying the lower…

      In or via the part of a commercial passenger airplane reserved for those paying the lower standard fares.

      • Numerous web sites have tips on how to fly economy.

The neighborhood

Derived

agroeconomy, agro-economy, attention economy, bioeconomy, black economy, blue economy, centrally planned economy, circular economy, collaborative economy, command economy, cybereconomy, diseconomy, dual economy, economic, economical, economism, economist, economize, economocracy, economy car, economy class, economy class syndrome, economy model, economy of scale, economy picking, economy rate, economy rice, economywide, economywise, e-economy, false economy, fuel economy, gift economy, gig economy, Goldilocks economy, hydrogen economy, lithium economy, macroeconomy, market economy, microeconomy · +28 more

Vish — recursive loop

A definitional loop anchored at economy. Each word in the ring is defined by the next; follow the chain far enough and it folds back on itself. Scroll to it and watch.

01economy02frugal03frugality04sparingness05sparing06prudent07economical

A definitional loop anchored at economy. Each word in the ring appears in the definition of the next; follow the chain far enough and it folds back on itself.

7 hops · closes at economy

curated · pre-corpus. live cycle detection across the full graph is the next major milestone.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA