economy

economy
e|con|o|my1 W1S3 [ıˈkɔnəmi US ıˈka:-] n plural economies
[Date: 1400-1500; : French; Origin: Greek oikonomia, from oikonomos 'manager of a house']
1.)
the system by which a country's money and goods are produced and used, or a country considered in this way
a capitalist economy
the slowdown in the Japanese economy
2.)
something that you do in order to spend less money
The council must make economies to meet government spending targets.
Not insuring your belongings is a false economy (=it is cheaper but could have bad results) .
3.) [U]
the careful use of money, time, goods etc so that nothing is wasted
The gas fire was turned low for reasons of economy.
The company announced that it would cut 500 jobs as part of an economy drive (=a way to save money) .
4.) economies of scale
technical the financial advantages of producing something in very large quantities
economy 2
economy2 adj
economy size/pack
a product that is cheaper because you are buying a larger amount

Dictionary of contemporary English. 2013.

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  • economy — e*con o*my ([ e]*k[o^]n [ o]*m[y^]), n.; pl. {Economies} ([ e]*k[o^]n [ o]*m[i^]z). [F. [ e]conomie, L. oeconomia household management, fr. Gr. o ikonomi a, fr. o ikono mos one managing a household; o i^kos house (akin to L. vicus village, E.… …   The Collaborative International Dictionary of English

  • Economy 10 — is the name of a tariff provided by United Kingdom electricity suppliers. Similar to the Economy 7 this is designed to be used with storage heaters or warm air heating. In contrast to Economy 7, which only provides off peak electricity during… …   Wikipedia

  • Economy 7 — is the name of a tariff provided by United Kingdom electricity suppliers that uses base load generation to provide cheap night time electricity.Houses using the Economy 7 tariff require a special electricity meter which provides two different… …   Wikipedia

  • Economy — Economy, IN U.S. town in Indiana Population (2000): 200 Housing Units (2000): 79 Land area (2000): 0.096963 sq. miles (0.251134 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 0.096963 sq. miles (0.251134 sq.… …   StarDict's U.S. Gazetteer Places

  • economy — [i kän′ə mē, ēkän′ə mē] n. pl. economies [L oeconomia < Gr oikonomia, management of a household or state, public revenue < oikonomos, manager < oikos, house (see ECO ) + nomia, NOMY] 1. the management of the income, expenditures, etc. of …   English World dictionary

  • economy — ► NOUN (pl. economies) 1) the state of a country or region in terms of the production and consumption of goods and services and the supply of money. 2) careful management of available resources. 3) a financial saving. 4) (also economy class) the… …   English terms dictionary

  • Economy, IN — U.S. town in Indiana Population (2000): 200 Housing Units (2000): 79 Land area (2000): 0.096963 sq. miles (0.251134 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 0.096963 sq. miles (0.251134 sq. km) FIPS code …   StarDict's U.S. Gazetteer Places

  • Economy, PA — U.S. borough in Pennsylvania Population (2000): 9363 Housing Units (2000): 3629 Land area (2000): 17.698873 sq. miles (45.839868 sq. km) Water area (2000): 0.069934 sq. miles (0.181128 sq. km) Total area (2000): 17.768807 sq. miles (46.020996 sq …   StarDict's U.S. Gazetteer Places

  • Economy A+ — (Познань,Польша) Категория отеля: Адрес: Plac Kolegiacki 9/4, Старе Място, 61 841 Познан …   Каталог отелей

  • Econŏmy — Econŏmy, 1) Städtischer Bezirk mit Postamt (Post township in der Grafschaft Beaverim Staate Pennsylvanien (Nordamerika) am Ohio River; 1500 Ew.; 2) Postort darin, am Ohio Pennsylvania Eisenbahn. Deutsche Ansiedelung (ursprünglich Harmonie genannt …   Pierer's Universal-Lexikon

  • Economy — (spr. ikónnomi), Ort in Pennsylvanien, Grafschaft Beaver, am Ohio, 1825 von Georg Rapp (s. d.) nach den Grundsätzen der Gütergemeinschaft und Ehelosigkeit gegründet, mit (1900) 1062 Einw …   Meyers Großes Konversations-Lexikon

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