economy

Definitions

1. 1noun

   The management of domestic affairs; the regulation and government of household matters; especially as they concern expense or disbursement; as, a careful economy.

2. 2noun

   Orderly arrangement and management of the internal affairs of a state or of any establishment kept up by production and consumption; esp., such management as directly concerns wealth; as, political economy.

3. 3noun

   The system of rules and regulations by which anything is managed; orderly system of regulating the distribution and uses of parts, conceived as the result of wise and economical adaptation in the author, whether human or divine; as, the animal or vegetable economy; the economy of a poem; the Jewish economy.

4. 4noun

   Thrifty and frugal housekeeping; management without loss or waste; frugality in expenditure; prudence and disposition to save; as, a housekeeper accustomed to economy but not to parsimony.

5. 5noun

   an act of economizing; reduction in cost

   "it was a small economy to walk to work every day"

   "there was a saving of 50 cents"

   Synonyms

   saving
6. 6noun

   frugality in the expenditure of money or resources

   "the Scots are famous for their economy"

   Synonyms

   thriftiness
7. 7noun

   the efficient use of resources

   "economy of effort"

8. 8noun

   the system of production and distribution and consumption