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English definition of “economic”

economic

adjective uk   /iː.kəˈnɒm.ɪk/ /ek.ə-/ us    /-ˈnɑː.mɪk/

economic adjective (COUNTRY'S ECONOMY)

B2 [before noun] relating to trade, industry, and money: The country has been in a very poor economic state ever since the decline of its two major industries. The government's economic policies have led us into the worst recession for years.Economics and the state of the economy

economic adjective (MAKING A PROFIT)

making a profit, or likely to make a profit: We had to close our London office - with the rent so high it just wasn't economic.Profits and losses
(Definition of economic from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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