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Meaning of “uneconomic” in the English Dictionary

"uneconomic" in British English

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uneconomicadjective

uk   /ʌnˌiː.kəˈnɒm.ɪk/ /ʌnˌek.əˈnɒm.ɪk/  us   /ʌnˌiː.kəˈnɑː.mɪk/  /ʌnˌek.əˈnɑː.mɪk/ (also uneconomical )
Uneconomic ​businesses and ​industries are not making enough ​profit or are ​losingmoney: They ​closed the ​factory, saying it was uneconomic. The ​price of ​oildropped so ​low that it ​become uneconomic todrill.
Uneconomic ​processes or ​activities use more of something than is ​necessary, ​causing it to be ​wasted: A ​largeroom sometimes ​represents an uneconomic use of ​space.
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(Definition of uneconomic from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"uneconomic" in Business English

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uneconomicadjective

uk   us   /ʌnˌiːkəˈnɒmɪk/
not making a ​profit: uneconomic for sb/sth It is uneconomic for ​banks to ​offerwealthmanagementservices to those with ​funds of less than $50,000. The ​low-costairline went into ​receivership after ​failing to stem ​losses from uneconomic ​routes. They had ​dropped the ​price to an uneconomic ​level.
→  uneconomical
(Definition of uneconomic from the Cambridge Business English Dictionary © Cambridge University Press)
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“uneconomic” in Business English

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