Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “economy”

economy

noun  /ɪˈkɑn·ə·mi/ us  

economy noun (SYSTEM)

social studies [C] the system of trade and industry by which the wealth of a country or region is made and used: Tourism contributes millions of dollars to the region’s economy.

economy noun (SAVING MONEY)

[U] the careful use and management of money or of time, energy, words, etc.: For the purpose of economy, you may prefer to use a cheaper cut of meat in this recipe.
(Definition of economy from the Cambridge Academic Content Dictionary © Cambridge University Press)
What is the pronunciation of economy?
Add Cambridge dictionaries to your browser to your website

Definitions of “economy” in other dictionaries

Word of the Day

give the green light to sth

to give permission for someone to do something or for something to happen

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More