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English definition of “uneconomic”

uneconomic

adjective uk   /ʌnˌiː.kəˈnɒm.ɪk/ /-ˌek.ə-/ us    /-ˈnɑː.mɪk/ (also uneconomical)
describes businesses and industries that are not making enough profit or are losing money: The minister maintained that the coal mines were uneconomic and would have to be closed.WastingProfits and losses Uneconomic processes or activities waste money, time, or materials, and are likely to result in a loss of money.WastingProfits and losses
(Definition of uneconomic from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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