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The definition of economy

10 Definitions of: economy

    1. noun, careful management of resources to avoid unnecessary expenditure or waste; thrift
    2. noun, a means or instance of this; saving
    3. noun, sparing, restrained, or efficient use, esp to achieve the maximum effect for the minimum effort
    4. noun, a) the complex of human activities concerned with the production, distribution, and consumption of goods and services b) a particular type or branch of such production, distribution, and consumption
    5. noun, the management of the resources, finances, income, and expenditure of a community, business enterprise, etc
    6. noun, a) a class of travel in aircraft, providing less luxurious accommodation than first class at a lower fare b) (as modifier)
    7. noun, offering or purporting to offer a larger quantity for a lower price
    8. noun, the orderly interplay between the parts of a system or structure
    9. noun, philosophy the principle that, of two competing theories, the one with less ontological presupposition is to be preferred
    10. noun, the management of household affairs; domestic economy
    11. Show me some examples of this word: economy
    12. Show me the etymology of the word: economy
Synonyms: thrift, saving, restraint, prudence, providence, husbandry, retrenchment, parsimony, thrifty, sparing
 

From Collins

©HarperCollins 2008. Collins English Dictionary definition of economy