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economy

  • noun
  • ĭkŏʹnəmē

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

Other meanings

  1. The regular operation of nature in the generation, nutrition and preservation of animals or plants.

  2. System of management; general regulation and disposition of the affairs of a state or nation, or of any department of government.

Synonyms

  • economic system

Example sentences

  • “It's time to transition to a gift economy.”

    Tatoeba · shekitten · CC0

  • “Is the economy recovering after the crisis?”

    Tatoeba · Igider · CC0

Word history

From Ancient Greek "οἰκονομία" (management of a household, administration).

Where this comes from

This definition is adapted from “economy” on Wiktionary, by its contributors; example sentences are from Tatoeba, credited to their authors above; related-word lists use Open English WordNet (CC BY 4.0, based on Princeton WordNet), published under CC BY-SA 4.0. This page is published under the same licence.