Looking for the meaning of the word ECONOMIC in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of ECONOMIC with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Economic
Speech Type: Adjective
late Middle English: via Old French and Latin from Greek oikonomikos, from oikonomia (see economy). Originally a noun, the word denoted household management or a person skilled in this, hence the early sense of the adjective (late 16th century) ‘relating to household management’. Modern senses date from the early 19th century
ˌiːkəˈnɒmɪk
ˌɛkəˈnɒmɪk
relating to economics or the economy
Short Definition:relating to economics or economy
Examples:- the government's economic policy
justified in terms of profitability
Short Definition:justified in terms of profitability
Examples:- many organizations must become larger if they are to remain economic
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