Looking for the meaning of the word ECONOMY in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of ECONOMY with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Economy
Speech Type: Noun
late 15th century (in the sense ‘management of material resources’): from French économie, or via Latin from Greek oikonomia ‘household management’, based on oikos ‘house’ + nemein ‘manage’. Current senses date from the 17th century
ɪˈkɒnəmi
the state of a country or region in terms of the production and consumption of goods and services and the supply of money
Short Definition:state of area regarding production and consumption of goods and services
Examples:- he favours tax cuts to stimulate the economy
careful management of available resources
Short Definition:careful management of resources
Examples:- fuel economy
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