Definitions of economy

  1. the system of production and distribution and consumption
  2. an act of economizing; reduction in cost; " it was a small economy to walk to work every day"; " there was a saving of 50 cents"
  3. frugality in the expenditure of money or resources; " the Scots are famous for their economy"
  4. the efficient use of resources; " economy of effort"
  5. The management of domestic affairs; the regulation and government of household matters; especially as they concern expense or disbursement; as, a careful economy.
  6. 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.
  7. 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.
  8. The regulation and management of means and resources; freedom from waste in the use of anything; thrift.
  9. The management, regulation, and government of a household: especially, the management of the pecuniary concerns of a household; hence, a frugal and judicious use of money: that management which expends money to advantage and incurs no waste: frugality in the necessary expenditure of money. It differs from parsimony, which implies an improper saving of expense. Economy includes also a prudent management of all the means by which property is saved or accumulated, a judicious application of time, of labor, and of the instruments of labor. " I have no other notion of economy than that it is the parent of liberty and ease," says Swift. Also the disposition or arrangement of any work: the system of rules and regulations which control any work, whether divine or human; as, " This economy must be observed in the minutest parts of an epic poem."- Dryden. Specifically, ( a) the operations of nature in the generation, nutrition, and preservation of animals and plants; the regular, harmonious system in accordance with which the functions of living animals and plants are performed; as, the animal economy. the vegetable economy. ( b) The regulation and disposition of the internal affairs of a state or nation, or of any department of government. " The Jews already had a Sabbath, which as citizens and subjects of that economy they were obliged to keep, and did keep."- Paley.
  10. Economical.
  11. Disposition to save; frugality; cheapness.
  12. Practical, systematic management of affairs.
  13. The management of the concerns of a household, especially in money matters; a frugal and judicious use of money; the disposition or arrangement of any work; a system of rules and ceremonies; the regular operations of nature in the generation, nutrition, and preservation of animals or plants; distribution or due order of things; judicious and frugal management of public affairs; the regulation and disposition of the affairs of a state or nation, or of any department of government.
  14. The frugal and prudent management of a family or household; frugality; the judicious management and arrangement of the affairs of a nation- the study of the best system for which is called political economy; a system of rules or regulations; the operations of nature in regard to animals or plants.

Usage examples for economy

  1. Have you never read Political Economy? – The Pilgrims Of The Rhine by Edward Bulwer-Lytton
  2. It was economy yesterday. – The Spy in Black by J. Storer Clouston
  3. He preferred talking political economy with a man he disliked, to being obliged to make conversation for Madame Mayer. – Saracinesca by F. Marion Crawford
  4. It's really economy, in the end. – Gigolo by Edna Ferber
  5. In his arrangement of economy, every piece of time must show either an actual or a possible result. – Old Ebenezer by Opie Read
  6. The balance was against him, but Festing thought it might be wiped off, or at least pulled down, by economy and well- directed effort. – The Girl From Keller's Sadie's Conquest by Harold Bindloss
  7. On grounds of economy? – Three Comedies by Björnstjerne M. Björnson Commentator: R. Farquharson Sharp
  8. But before the Revolution there was no conception of such an economy, nor any organization to carry it out. – Equality by Edward Bellamy
  9. How he husbands himself,- what prudence, what economy, always spending up, as he says, and not down! – Birds and Poets by John Burroughs
  10. In the long economy of nature, this, perhaps, was the meaning and the mission of this lofty child who now lay sleepless, shaken to the core with thoughts of the splendid world over into which she was to journey to- morrow. – The Mettle of the Pasture by James Lane Allen
  11. Her careful economy keeps him above water. – The Memoires of Casanova, Complete The Rare Unabridged London Edition Of 1894, plus An Unpublished Chapter of History, By Arthur Symons by Jacques Casanova de Seingalt
  12. A man who had declared his aversion for what he called the dry facts of political economy, was found one day knitting his brows over a book on that subject. – The True Citizen, How To Become One by W. F. Markwick, D. D. and W. A. Smith, A. B.
  13. On the one hand, there is risk of having to pay the nurse for a time before her services are actually needed; on the other, a false economy may result in the absence of the chosen nurse at the critical moment. – The Prospective Mother A Handbook for Women During Pregnancy by J. Morris Slemons
  14. Economy, either practical or political, has never been a strong point of mine, but I often regretted that I had during my first two years bought a number of things which were more or less useless, because I was not compelled to pay for them at the moment. – Godfrey Marten, Undergraduate by Charles Turley
  15. He abhorred the old political economy, which he defined as " the professed and organized pursuit of money." – Halleck's New English Literature by Reuben P. Halleck
  16. For economy, the butter may be omitted. – School and Home Cooking by Carlotta C. Greer
  17. There was another economy that proved quite the opposite even before the work was finished. – If You're Going to Live in the Country by Thomas H. Ormsbee and Richmond Huntley
  18. Some had been saved enough for him and Nancy to live on in the old house, with careful economy. – The Complete PG Edition of The Works of Winston Churchill by Winston Churchill
  19. Great is the virtue of economy! – Tales of Bengal by S. B. Banerjea