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Definitions of economy

  1. the system of production and distribution and consumption Scrapingweb Dictionary DB
  2. an act of economizing; reduction in cost; "it was a small economy to walk to work every day"; "there was a saving of 50 cents" Scrapingweb Dictionary DB
  3. frugality in the expenditure of money or resources; "the Scots are famous for their economy" Scrapingweb Dictionary DB
  4. The management of domestic affairs; the regulation and government of household matters; especially as they concern expense or disbursement; as, a careful economy. Webster Dictionary DB
  5. Orderly arrangement and management of the internal affairs of a state or of any establishment kept up by production and consumption; esp., such management as directly concerns wealth; as, political economy. Webster Dictionary DB
  6. Thrifty and frugal housekeeping; management without loss or waste; frugality in expenditure; prudence and disposition to save; as, a housekeeper accustomed to economy but not to parsimony. Webster Dictionary DB
  7. The regulation and management of means and resources; freedom from waste in the use of anything; thrift. The Winston Simplified Dictionary. By William Dodge Lewis, Edgar Arthur Singer. Published 1919.
  8. The management, regulation, and government of a household: especially, the management of the pecuniary concerns of a household; hence, a frugal and judicious use of money: that management which expends money to advantage and incurs no waste: frugality in the necessary expenditure of money. It differs from parsimony, which implies an improper saving of expense. Economy includes also a prudent management of all the means by which property is saved or accumulated, a judicious application of time, of labor, and of the instruments of labor. "I have no other notion of economy than that it is the parent of liberty and ease," says Swift. Also the disposition or arrangement of any work: the system of rules and regulations which control any work, whether divine or human; as, "This economy must be observed in the minutest parts of an epic poem."-Dryden. Specifically, (a) the operations of nature in the generation, nutrition, and preservation of animals and plants; the regular, harmonious system in accordance with which the functions of living animals and plants are performed; as, the animal economy. the vegetable economy. (b) The regulation and disposition of the internal affairs of a state or nation, or of any department of government. "The Jews already had a Sabbath, which as citizens and subjects of that economy they were obliged to keep, and did keep."-Paley. The american dictionary of the english language. By Daniel Lyons. Published 1899.
  9. Economical. The Clarendon dictionary. By William Hand Browne, Samuel Stehman Haldeman. Published 1894.
  10. Disposition to save; frugality; cheapness. The Concise Standard Dictionary of the English Language. By James Champlin Fernald. Published 1919.
  11. Practical, systematic management of affairs. The Concise Standard Dictionary of the English Language. By James Champlin Fernald. Published 1919.
  12. The management of the concerns of a household, especially in money matters; a frugal and judicious use of money; the disposition or arrangement of any work; a system of rules and ceremonies; the regular operations of nature in the generation, nutrition, and preservation of animals or plants; distribution or due order of things; judicious and frugal management of public affairs; the regulation and disposition of the affairs of a state or nation, or of any department of government. Nuttall's Standard dictionary of the English language. By Nuttall, P.Austin. Published 1914.
  13. The frugal and prudent management of a family or household; frugality; the judicious management and arrangement of the affairs of a nation-the study of the best system for which is called political economy; a system of rules or regulations; the operations of nature in regard to animals or plants. Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.

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Usage examples for economy

  1. Have you never read Political Economy – The Pilgrims Of The Rhine by Edward Bulwer-Lytton
  2. It was economy yesterday. – The Spy in Black by J. Storer Clouston
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