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Definitions and Synonyms of economy | Another word for economy | What is economy?

Definition 1: an act of economizing; reduction in cost - [noun denoting act]

Samples where economy or its synonyms are used according to this definition

  • it was a small economy to walk to work every day
  • there was a saving of 50 cents

Synonyms for economy in the sense of this definition

(economy is a kind of ...) something done (usually as opposed to something said)

"there were stories of murders and other unnatural actions"

(... is a kind of economy ) the reduction of expenditures in order to become financially stable

(... is a kind of economy ) the saving in cost of production that is due to mass production

Definition 2: frugality in the expenditure of money or resources - [noun denoting attribute]

Samples where economy or its synonyms are used according to this definition

  • the Scots are famous for their economy

Synonyms for economy in the sense of this definition

(economy is a kind of ...) prudence in avoiding waste

Definition 3: the efficient use of resources - [noun denoting cognition]

Samples where economy or its synonyms are used according to this definition

  • economy of effort

(economy is a kind of ...) skillfulness in avoiding wasted time and effort

"she did the work with great efficiency"

Definition 4: the system of production and distribution and consumption - [noun denoting group]

Synonyms for economy in the sense of this definition

(economy is a kind of ...) a group of independent but interrelated elements comprising a unified whole

"a vast system of production and distribution and consumption keep the country going"

(... is a kind of economy ) an economic system built on large industries rather than on agriculture or craftsmanship

(... is a kind of economy ) an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

(... is a kind of economy ) an economic system that combines private and state enterprises

(... is a kind of economy ) an economy that is not a market economy

(... is a kind of economy ) an economic system that is primarily capitalistic but there is some degree of government ownership of the means of production

(... is a kind of economy ) an economic system in which the government owns most means of production but some degree of private capitalism is allowed

(economy is a part of ...) a social group that forms part of the society or the economy

"the public sector"

(economy is a part of ...) a hidden sector of the economy where private cash transactions go unreported

"no one knows how large the black economy really is"

More words

Another word for economizer

Another word for economize

Another word for economist

Another word for economiser

Another word for economise

Another word for economy class

Another word for economy of scale

Another word for ecosoc

Another word for ecosoc commission

Another word for ecosystem


Other word for ecosystem

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How to pronounce ecosystem