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Economy
/iːˈkɒn.ə.mi/
Effective management of a community or system, or especially its resources.
📖 Definitions of "Economy"
noun
- 1
Effective management of a community or system, or especially its resources.
- 2
The study of money, currency and trade, and the efficient use of resources.
- 3
Frugal use of resources.
"economy of word"
- 4
The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
adjective
- 1
Cheap to run; using minimal resources; representing good value for money.
"Economy size."
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