Results for economy

Definitions of economy:

part of speech: noun

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.

part of speech: noun

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.

part of speech: noun

The regulation and management of means and resources; freedom from waste in the use of anything; thrift.

Usage examples for economy:

alphabet filter

Popular definitions