economy

/iหหˆkษ‘n.ษ™.mi/

IPA: /IH0 K AA1 N AH0 M IY0/

noun
  1. 1

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

  2. 2

    The study of money, currency and trade, and the efficient use of resources.

  3. 3

    Frugal use of resources.

    โ€œeconomy of wordโ€

  4. 4

    The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.

  5. 5

    The method of divine government of the world. (See w:Economy (religion).)

  6. 6

    The part of a commercial passenger airplane or train reserved for those paying the lower standard fares; economy class.

  7. 7

    Management of oneโ€™s residency.

adjective
  1. 1

    Cheap to run; using minimal resources; representing good value for money.

    โ€œEconomy size.โ€

Source: https://en.wiktionary.org/wiki/economy