Economy

• POS: Noun
• HYPHEN: E=con=o=my

CIDE DICTIONARY

Economy, n. [F. économie, 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. vicinity) + no`mos usage, law, rule, fr. ne`mein to distribute, manage. See Vicinity, Nomad.].

•  The management of domestic affairs; the regulation and government of household matters; especially as they concern expense or disbursement; as, a careful economy.  [1913 Webster]

  "Himself busy in charge of the household economies."  [1913 Webster]
•  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.  [1913 Webster]
•  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.  [1913 Webster]

  "The position which they [the verb and adjective] hold in the general economy of language."  [1913 Webster]

  "In the Greek poets, as also in Plautus, we shall see the economy . . . of poems better observed than in Terence."  [1913 Webster]

  "The Jews already had a Sabbath, which, as citizens and subjects of that economy, they were obliged to keep."  [1913 Webster]
•  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.  [1913 Webster]

  "I have no other notion of economy than that it is the parent to liberty and ease."  [1913 Webster]

  "The father was more given to frugality, and the son to riotousness [luxuriousness]."  [1913 Webster]

Political economy. See under Political.

Syn. -- Economy, Frugality, Parsimony. Economy avoids all waste and extravagance, and applies money to the best advantage; frugality cuts off indulgences, and proceeds on a system of saving. The latt

OXFORD DICTIONARY

Economy, n. (pl. -ies)
1 a the wealth and resources of a community, esp. in terms of the production and consumption of goods and services. b a particular kind of this (a capitalist economy). c the administration or condition of an economy.
2 a the careful management of (esp. financial) resources; frugality. b (often in pl.) an instance of this (made many economies).
3 sparing or careful use (economy of language).
4 (also economy class) the cheapest class of air travel.
5 (attrib.) (also economy-size) (of goods) consisting of a large quantity for a proportionally lower cost.

Etymology

F {eacute}conomie or L oeconomia f. Gk oikonomia household management f. oikos house + nemo manage

DEVIL DICTIONARY

Economy

n. Purchasing the barrel of whiskey that you do not need for the price of the cow that you cannot afford.

THESAURUS

Economy

GNP, barter economy, brevity, briefness, budget, capitalistic economy, carefulness, cheap, cheeseparing, collectivized economy, compactness, conciseness, concision, conservation, conservatism, consumer economy, control, curtness, discretion, diversified economy, easy, economic, economic system, economy of assumption, economy of means, elegance, farm economy, forehandedness, free-enterprise economy, frugal, frugality, gross national product, handicraft economy, hot economy, husbandry, industrial economy, inexpensive, laissez-faire, law of parsimony, local economy, low, low-priced, manageable, meanness, mercantile economy, miserliness, moderate, modest, national economy, niggardliness, nominal, overheated economy, parsimoniousness, parsimony, paucity, pinching, planned economy, private-enterprise economy, providence, prudence, reasonable, restraint, rural economy, saving, scrimping, sensible, shabby, shoddy, skimping, socialistic economy, sound economy, stinginess, stinting, succinctness, terseness, thrift, thriftiness, token, town economy, unexpensive, urban economy, village economy, war economy, within means, world economy, worth the money

ROGET THESAURUS

Economy

Order

N order, regularity, uniformity, symmetry, lucidus ordo, music of the spheres, gradation, progression, series, subordination, course, even tenor, routine, method, disposition, arrangement, array, system, economy, discipline orderliness, rank, place, orderly, regular, in order, in trim, in apple-pie order, in its proper place, neat, tidy, en regle, well regulated, correct, methodical, uniform, symmetrical, shipshape, businesslike, systematic, unconfused &c (confuse), arranged, in order, methodically, in turn, in its turn, by steps, step by step, by regular steps, by regular gradations, by regular stages, by regular intervals, seriatim, systematically, by clockwork, gradatim, at stated periods, natura non facit saltum, order is heaven's first law, order from disorder sprung, ordo est parium dispariumque rerum sua loca tribue.

Conduct

N conduct, behavior, deportment, comportment, carriage, maintien, demeanor, guise, bearing, manner, observance, dealing, transaction, business, tactics, game, game plan, policy, polity, generalship, statesmanship, seamanship, strategy, strategics, plan, management, husbandry, housekeeping, housewifery, stewardship, menage, regime, economy, economics, political economy, government, execution, manipulation, treatment, campaign, career, life, course, walk, race, record, course of conduct, line of conduct, line of action, line of proceeding, role, process, ways, practice, procedure, modus operandi, MO, method of operating, method, path, conducting, strategical, businesslike, practical, executive.

Economy

N economy, frugality, thrift, thriftiness, care, husbandry, good housewifery, savingness, retrenchment, savings, prevention of waste, save-all, cheese parings and candle ends, parsimony, cost-cutting, cost control, economical, frugal, careful, thrifty, saving, chary, spare, sparing, parsimonious, underpaid, sparingly, ne quid nimis, adde parvum parvo magnus acervus erit, magnum est vectigal parsimonia.