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English definition of “economy”

economy

noun [C or U] (SAVING MONEY)    /ɪˈkɒn.ə.mi/ US  /-ˈkɑː.nə-/
the intentional saving of money or, less commonly, the saving of time, energy, words, etc.: They've had to make economies since Ian lost his job. This can be done by machines with more speed and economy. She writes with such economy - I've never known a writer say so much in so few words.Budgeting and saving money
(Definition of economy noun (SAVING MONEY) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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